These 5G Stocks Can Keep Crushing the Market

The deployment of 5G wireless networks in 2020 hasn't yet been hampered by the coronavirus pandemic. According to third-party estimates, 5G connections in the first quarter of 2020 shot up 308% quarter over quarter to 63.6 million as more than 100 smartphone models supporting the latest wireless technology have already hit the market.

What's more, over 200 commercial 5G networks are expected to be in operation by the end of the year, compared to just 82 a couple of months ago. Not surprisingly, tech companies that stand to gain from the deployment of 5G networks have been flying high in 2020, beating the broader market by huge margins. Skyworks Solutions (NASDAQ: SWKS), Marvell Technology (NASDAQ: MRVL), and Ciena (NYSE: CIEN) are three such hot stocks that have delivered impressive returns so far this year and look good for more.