The Potential of 5G Stocks
If you’ve ever traded stocks, then you probably know the market can be as rewarding as it can be unforgiving. And while there’s no shortage of factors that can turn your plans upside down, you can learn to trade smarter.
It’s no accident that hot sectors explode every year, and this forward momentum usually happens faster than you might expect. You have to be willing to do your homework and keep up with what’s happening around the world once you enter the trading game.
Keep tabs on budding sectors with the potential for momentum — and learn to how to recognize the signs of a rising industry segment along the way.
That forward momentum can happen when new technology drops, when a government changes a sector’s tax code, or when a new e-commerce development comes to the fore.
What matters here is that once a sector’s secret is out, traders will bet heavily on it. Everyone wants a piece of the action, but savvy traders want to beat the crowd, not follow it. Learn to anticipate trading opportunities instead of hopping on a hot ticket that’s already making its ascent.
So how do you find the sectors that aren’t yet trending but just might break out? Let’s look at one example …
In a recent post, we discussed one of the most exciting new sectors of the year, 5G technology. The cellular technology is not only faster and more consistent than its predecessor, but also groundbreaking — life won’t ever be the same once 5G hits the mainstream.
We’re bringing the focus back to 5G today, and showcasing three stocks in the sector that just aren’t seeing a lot of love. Will they be winners? No one can say for sure. But add these to your watchlist, keep an eye on their charts, and scope those patterns.
5G just might be a HUGE catalyst … it’s up to you to find the right opportunities for your strategy.
5G Stocks: A Refresher
There’s not enough room here to dive into every detail on 5G stocks, but here’s the skinny … The term 5G means fifth generation, as in the fifth wave of internet technology. The 4G network is its predecessor and the network we’re on now.
5G stands to be a major improvement over 4G in more ways than we can count. It will be faster, offer lower latency, provide a more consistent technology, reach more corners of the Earth, and maybe even eliminate slow buffering.
But 5G offers more than these changes — it offers a new level of technology, creating the potential for a new way of life with higher frequencies. It promises the ability for consumers and workers alike to conduct tasks at a faster pace and hopefully freeing up more time.
The new high-frequency waves of 5G won’t travel the same distance as 4G. That means that carriers will need to develop a new infrastructure with smaller antennas, and more of them. And that’s why it’s taking longer to roll out to the mainstream than its predecessors.
The new infrastructure is designed to handle several generations of technological advancements. And as internet usage increases along with the number of available connected devices, you can watch for trading opportunities in companies linked to the 5G space.
5G Stocks to Keep an Eye on
Now that you understand 5G and it’s boom potential, are you ready to learn more about 5G companies? Here are three stocks to get you started in this sector:
Airgain, Inc. (AIRG)
Hailing from San Diego, California, Airgain gets its name from its craft of creating, installing, and testing services of embedded antenna products. The company sprung up in 1995 under the name AM Group and changed its name to Airgain in 2004.
Airgain makes its bones from selling products that are used in everything from the enterprise world to residential, private, government, and wireless environments. In other words, its efforts can be found just about everywhere in society.
The antenna business is well established in the wireless space, partnering with top U.S. carriers, original equipment manufacturers, and original design manufacturers.
It’s no stretch to think Airgain may play an important role in the design and development of the new 5G systems. The company — which went public nearly three years ago — has a stock price of under $13 per share. That could be seen as a bargain down the road.
Ceragon Networks, Ltd (CRNT)
Another potential influencer in the emerging 5G sector is Ceragon Networks, which went public nearly two decades ago. But investors are still waiting for the stock to take off.
The Israel-based company builds high-capacity communication systems for wireless networks. In other words, they link cell towers to the core network, powering wireless devices with connectivity.
Ceragon has a strong customer base of service providers. Plus, the company works with hundreds of networks all around the world. The stock’s price of under $4 a share could explode moving forward, thanks to the company’s reputation and global presence.
Inseego’s business goal is to transform the way we connect with each other, as well as how we use information 5G device-to-cloud solutions.
The San Diego-based company is breaking new ground with this goal, carving a path for mobile applications for service providers and businesses around the U.S. and the rest of the world. Inseego’s offerings include telematics, analytics software, and services.
The business also offers fleet management, asset tracking, and stolen-vehicle recovery services. As more devices link up to the wireless network, Inseego just might be in a prime position to take off as 5G becomes the new norm.
Inseego Corp (INSG)
Inseego’s business goal is to transform the way we connect with each other, as well as how we use information 5G device-to-cloud solutions.
The San Diego-based company is breaking new ground with this goal, carving a path for mobile applications for service providers and businesses around the U.S. and the rest of the world. Inseego’s offerings include telematics, analytics software, and services.
The business also offers fleet management, asset tracking, and stolen-vehicle recovery services. As more devices link up to the wireless network, Inseego just might be in a prime position to take off as 5G becomes the new norm.
As with any stock or trade, it’s up to you do your research. Check out the fundamentals and the technicals. Keep your eye on the 5G sector … And whatever you do, remember to make a trading plan.
What’s on your 5G trading radar? What opportunities do you see in this sector? Leave a comment below.
