Best 5G Stocks To Consider - October 2nd

Key Points

• EchoStar, KT, and Ceva are the top 5G stocks to watch, known for their significant roles in the deployment and services related to fifth-generation wireless networks.
• EchoStar operates in multiple segments including 5G Network Deployment, while KT focuses on integrated telecommunications services, and Ceva provides silicon and software solutions for 5G applications.
• Investors are keen on these stocks for their potential to capitalize on the expected growth in data speeds, lower latency, and expanded IoT connectivity.

EchoStar, KT, and Ceva are the three 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of companies whose businesses are tied to the deployment, equipment or services of fifth-generation wireless networks. They include telecom carriers upgrading infrastructure, network-equipment manufacturers, semiconductor firms producing 5G chips, and software or service providers enabling 5G applications. Investors buy 5G stocks to gain exposure to the expected growth from faster data speeds, lower latency and expanded IoT connectivity. These companies had the highest dollar trading volume of any 5G stocks within the last several days.

EchoStar (SATS)

EchoStar Corporation, together with its subsidiaries, provides networking technologies and services worldwide. The company operates in four segments: Pay-TV, Retail Wireless, 5G Network Deployment, Broadband and Satellite Services. The Pay-TV segment offers a direct broadcast and fixed satellite services; designs, develops, and distributes receiver system; and provides digital broadcast operations, including satellite uplinking/downlinking, transmission and, other services to third-party pay-TV providers; and multichannel, live-linear and on-demand streaming over-the-top internet-based domestic, international, Latino, and Freestream video programming services under the DISH and SLING brand names.

Read Our Latest Research Report on SATS

KT (KT)

KT Corporation provides integrated telecommunications and platform services in Korea and internationally. The company offers mobile voice and data telecommunications services based on 5G, 4G LTE and 3G W-CDMA technology; fixed-line telephone services, including local, domestic long-distance, international long-distance, and voice over Internet protocol telephone services, as well as interconnection services; broadband Internet access service and other Internet-related services; and data communication services, such as fixed-line and leased line services, as well as broadband Internet connection services.

Read Our Latest Research Report on KT

Ceva (CEVA)

CEVA, Inc. provides silicon and software IP solutions to semiconductor and original equipment manufacturer (OEM) companies worldwide. Its 5G mobile and infrastructure products include Ceva-XC vector digital signal processors (DSPs) for 5G handsets, 5G RAN, and general-purpose baseband processing; PentaG-RAN, an open ran platform for base station and radio; and PentaG2 - 5G NR modem platform for UE, as well as for non-handset 5G vertical markets, such as fixed wireless access, industry 4.0, robotics, and AR/VR devices.

Read Our Latest Research Report on CEVA