3 5G Stocks to Buy After the Market Pullback
This has been a tough year for consumer electronics, with smartphone sales expected to be down nearly 10% from 2019, according to researcher IDC. However, 5G mobile networks are live, and a bevy of 5G-enabled phones are here. A big rebound may thus be in order in 2021, and 5G advertising is ramping up from America's mobile network operators as they try to capitalize on the coming upgrade cycle.
Even so, many tech stocks have tapped the brakes in September, creating a buying opportunity. Three poised to benefit in the year and decade ahead (since 5G is still in the very early stages of development) are T-Mobile (NASDAQ: TMUS), Marvell Technology Group (NASDAQ: MRVL), and Xilinx (NASDAQ: XLNX). Let's find out a bit more about these three 5G stocks.
Image source: Getty Images.
Source Fool.com
