Promising 5G Stocks To Watch Now - September 8th

Key Points

• Five notable 5G stocks to watch include EchoStar, Super Micro Computer, QUALCOMM, Cisco Systems, and Fortinet, highlighting companies poised to benefit from faster data speeds and expanded connectivity.
• Investors are drawn to these companies due to their potential growth in IoT, edge computing, and autonomous systems, as they are integral to the development and deployment of fifth-generation wireless technology.
• EchoStar is notable for its diverse operations, including Pay-TV and 5G Network Deployment, which positions it for significant impact in the evolving telecommunications landscape.

EchoStar, Super Micro Computer, QUALCOMM, Cisco Systems, and Fortinet are the five 5G stocks to watch today, according to MarketBeat's stock screener tool. 5G stocks are shares of companies that develop, manufacture or deploy fifth-generation wireless technology and related services. They typically include telecom operators, network-equipment makers, semiconductor suppliers and device manufacturers poised to benefit from faster data speeds, lower latency and expanded connectivity. Investors buy 5G stocks to gain exposure to the anticipated growth of applications such as IoT, edge computing and autonomous systems. 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

Super Micro Computer (SMCI)

Super Micro Computer, Inc., together with its subsidiaries, develops and manufactures high performance server and storage solutions based on modular and open architecture in the United States, Europe, Asia, and internationally. Its solutions range from complete server, storage systems, modular blade servers, blades, workstations, full racks, networking devices, server sub-systems, server management software, and security software.

Read Our Latest Research Report on SMCI

QUALCOMM (QCOM)

QUALCOMM Incorporated engages in the development and commercialization of foundational technologies for the wireless industry worldwide. It operates through three segments: Qualcomm CDMA Technologies (QCT); Qualcomm Technology Licensing (QTL); and Qualcomm Strategic Initiatives (QSI). The QCT segment develops and supplies integrated circuits and system software based on 3G/4G/5G and other technologies for use in wireless voice and data communications, networking, computing, multimedia, and position location products.

Read Our Latest Research Report on QCOM

Cisco Systems (CSCO)

Cisco Systems, Inc. designs, manufactures, and sells Internet Protocol based networking and other products related to the communications and information technology industry in the Americas, Europe, the Middle East, Africa, the Asia Pacific, Japan, and China. The company also offers switching portfolio encompasses campus switching as well as data center switching; enterprise routing portfolio interconnects public and private wireline and mobile networks, delivering highly secure, and reliable connectivity to campus, data center and branch networks; wireless products include wireless access points and controllers; and compute portfolio including the cisco unified computing system, hyperflex, and software management capabilities, which combine computing, networking, and storage infrastructure management and virtualization.

Read Our Latest Research Report on CSCO

Fortinet (FTNT)

Fortinet, Inc. provides cybersecurity and convergence of networking and security solutions worldwide. It offers secure networking solutions focus on the convergence of networking and security; network firewall solutions that consist of FortiGate data centers, hyperscale, and distributed firewalls, as well as encrypted applications; wireless LAN solutions; and secure connectivity solutions, including FortiSwitch secure ethernet switches, FortiAP wireless local area network access points, FortiExtender 5G connectivity gateways, and other products.

Read Our Latest Research Report on FTNT

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