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.