2 Top 5G Stocks That Are Screaming Buys Right Now
Strategy Analytics estimates that 5G smartphone shipments could hit 624 million units this year from just 269 million in 2020. There were almost 136 million 5G smartphones shipped in the first quarter of 2021, according to the research firm, and sales are likely to get stronger as the year progresses.
Even better, the 5G smartphone juggernaut will keep rolling for a long time as annual shipments are expected to hit 1.5 billion units by 2025, as per third-party estimates. As such, now is a good time to load up on key beneficiaries of the growth in 5G smartphones.
Micron Technology (NASDAQ: MU) and Broadcom (NASDAQ: AVGO) are two stocks that should be on your radar to take advantage of the 5G revolution. Let's see why.
Source Fool.com
