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My Best 5G Stocks to Buy Right Now

Leo Sun, The Motley Fool
·5 min read
My Best 5G Stocks to Buy Right Now

The global 5G services market could be worth $41.5 billion this year, according to Grand View Research, and grow at a compound annual growth rate of 43.9% between 2021 and 2027. Let's cut through the noise and highlight a trio of winners in this growing market: Ericsson (NASDAQ: ERIC), Qualcomm (NASDAQ: QCOM), and Skyworks Solutions (NASDAQ: SWKS). Stockholm-based Ericsson controlled 14% of the world's telecom equipment market last year, according to Dell'Oro Group, and ranked third behind Chinese tech giant Huawei's 28% share and its Finnish rival Nokia's (NYSE: NOK) 16% share.

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