This Provider is Poised to Ride the 5G Boom to New Heights
After a slow start, the 5G revolution could finally be at our doorstep. And I see one company leading the way to profits.
For the last few years, you’ve likely seen a lot of stories about 5G – the next generation of communication technology that will provide ultra-fast connection speeds, increased storage capacity, and improve signal reliability in devices.
You’ve also probably heard a lot about how it will affect our everyday lives. 5G is expected to help advance self-driving vehicle technology, improve healthcare, drive breakthroughs in artificial intelligence, and much more.
Needless to say, these developments are going to create countless profit opportunities.
But for all the hype and anticipation surrounding 5G, we have yet to see 5G networks rollout in a meaningful way.
Now, the COVID-19 pandemic can be blamed for delaying a lot of things, and 5G is no exception. But as things are slowly getting back to normal we could see 5G expansion start to pick up steam again in a big way.
In fact, there are several catalyst events coming up that you’ll want to keep your eye on – as well as one particular stock that could stand to benefit the most.
Where’s the money?
Apple, Inc. (AAPL) is widely credited with revolutionizing the smartphone industry.
In 2007, the first iPhone was unveiled, becoming the first device to offer a full version of the internet – as opposed to competitors that had to that point offered limited “mobile internet” access.
Being the forerunner of the smartphone earned Apple a huge following of loyal customers. In Q4 of 2020 it was reported that the iPhone accounted for 65% of the U.S. market share for smartphones.
The release of each new version of the iPhone over the years has been met with a ton of hype and a wave of customers scrambling to buy the latest release.
And the newest iPhone, set to be released later this year, could be the most revolutionary yet.
That’s because, while the last iPhone was 5G capable, most major carriers weren’t ready to rollout nationwide 5G networks.
But that won’t be the case this time around. Three of the country’s largest wireless providers are already deploying their 5G networks.
And one in particular could deliver massive profits for its shareholders.
How do I get some?
5G is going to be huge, there’s no doubt about that. The 5G market is projected to be worth as much as $31 trillion by 2030.
But the problem we’ve had as investors is that it’s been unclear when the boom will happen.
Traders have been buying up 5G stocks for years now in anticipation of a surge, only to be frustrated by delays.
But the tide does seem to be turning, with T-Mobile US, Inc. (TMUS), Verizon Communications Inc. (VZ), and AT&T Inc. (T) each rapidly expanding their 5G coverage across the U.S.
The best play in the space in my opinion is T-Mobile because they are the frontrunner in terms of coverage – with its 5G network currently covering over 150 million people, while Verizon and AT&T 5G networks are not expected to be widely available until 2022.
With the timeline still unclear, I’d steer clear of making short-term options plays on TMUS. Instead, scoop up shares to make a longer-term investment in the 5G revolution, as I believe we’ll see big growth from T-Mobile in the coming years.
In the Spotlight: What you need to know about Apple stock
The release of the latest iPhone is huge news for Apple, and expectations are running high.
Naturally, that’s got a lot of traders considering investing in AAPL as the stock reaches new heights.
Later today – at 11:30AM EST to be exact – I’ll be appearing on Money Morning Live to tell you exactly what I see happening with Apple’s stock for the remainder of 2021.
So, if you’re an Apple stockholder, or you’re considering a trade, you won’t want to miss this special presentation.
It’s completely free to join. All you need to do is click this link and you’ll be taken to the Money Morning Live site. And while you’re there, be sure to check out all of the great features it has to offer.
I look forward to seeing you there.
20 Best 5G Stocks to Buy Now
But T-Mobile won’t be the only stock to benefit from the 5G revolution. Not by a long shot.
Tech expert Michael Robinson is urging everyone to focus on the $1.4 trillion aftershock effect that 5G will create – and the 20 companies that he has identified.
Each is projected to return 10X by the end of the year and could dwarf the 5G gains we’ve seen already.
This “backdoor” route could be the best bet to profit from 5G.