Fifth-generation (5G) technology has gained immense traction in 2021, as evident from the massive spurt in sales of smartphones supporting the new wireless standard. Gartner estimates that 538 million 5G smartphones are expected to be sold in 2021, up from 213 million units last year.
Investors looking to take advantage of this trend have several options at their disposal. Apple (NASDAQ: AAPL), Applied Materials (NASDAQ: AMAT), and Qorvo (NASDAQ: QRVO) are a few stocks investors can consider buying to benefit from the growing adoption of 5G networks and smartphones. Let's see why.
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Source Fool.com