Wealthy Living

12 of the Best 5G Stocks That Should be on Your Watchlist

5G deployment is proving to be one of the most significant technological innovations over the last few years.

Many of the stocks of these firms are outperforming other tech stocks on the NASDAQ and New York Stock Exchange (NYSE) and it's a trend that's likely to continue in 2022.

However, while the pandemic and recession put a cap on the progress seen by some 5G stocks, others have continued their trends up with barely a shrug.

Some companies have suffered because the pandemic has delayed the implementation of this next-generation technology which has been compounded by reduced consumer products in some areas.

However, if you're an investor and have money to invest, you've come to the right place! This post highlights 12 5G stocks that I believe should be on your watched list, they are:

Qualcomm Stock (NASDAQ: QCOM)

Qualcomm is a semiconductor company set to benefit from 5G because it produces smartphone parts, including chips for Apple.

The chipmaker also plans to establish 5G developmental platforms, such as AI and robotics products that use 5G.

NVIDIA Stock (NASDAQ: NVDA)

Nvidia creates chips and graphic cards, both of which will be essential for powering 5G networks and keeping them running fast.

Ericsson Stock (NASDAQ: ERIC)

Nvidia and Ericsson have partnered to bring greater efficiency through building efficient radio access networks for 5G. If you’re convinced Nvidia will be successful, chances are you’re also willing to bet on this stock.

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