In the technology industry, there is a growing focus on 5G connectivity. While not all countries around the world will jump on this new technology right away, some substantial progress has been made in the past few months. This also makes it a lot more appealing to invest in 5G stocks. A lot of companies are doubling down on this technology, which will spark some interesting developments.

Verizon Communications (VZ)

In the United States, the focus on 5G is only growing as more time progresses. This is only normal, as the country is home to hundreds of millions of consumers. Especially now that mobile connectivity is playing an increasing role of importance, the country’s major mobile providers cannot remain behind. Verizon Communications was one of the first companies to begin conducting proper field trials in this regard.

Although the trials are still in the relatively early stages, there is some progress to be noted. With initial successes highlighting the potential of 5G, the company is convinced this technology will usher in the Fourth Industrial Revolution. A bit of an optimistic outlook, although 5G will undoubtedly play a key role in the development of the Internet of Things and connected smart devices.

AT&T (T)

Not too many people will be surprised to learn the other major US cellular carrier AT&T is getting in on the 5G action as well. Similar to its competitor, the company is actively conducting trials at this time. Although Verizon enabled 5G Home several months ago in a few different regions across the United States, the further rollout of this technology has been halted temporarily. With the initial infrastructure investment being too expensive to allow major scaling, more progress is expected to be made in the coming months and years.

Qualcomm (QCOM)

It is not just about cellular providers in the world of 5G stocks. Companies manufacturing the necessary equipment to deal with this technology are of the utmost importance as well. Qualcomm is clearly a market leader in that regard, as the company has inked a deal to supply 5G chips to Apple’s iPhones model starting in 2020. The company is also collaborating with Google, among other companies and manufacturers.

It is also rumored the next version of the Qualcomm Snapdragon 865 chip could have supported for 5G connectivity. At this time, it supports 4G connectivity, but there is a genuine chance both standards will be supported accordingly.  Last but not least, Qualcomm has also partnered Swisscom to bring the first 5G network to Europe later this year. That in itself is another interesting development stock traders may want to take note of.

Marvell Technology Group (MRVL)

Competition is heating up as far as the production of 5G chips is concerned. People actively looking to buy 5G stocks may want to look into Marvell Technology Group. The company has increased its production of 5G chips not that long ago, and it is only to be expected the hardware will begin showing up different types of hardware down the line.  Without competing manufacturers, the rollout of 5G would hit a roadblock before it even had a chance to make an impact.

DELL Technologies (DELL) and Hewlett Packard Enterprise (HPE)

The main reason why both of these 5G stocks are named in the same breath is because of how they pursue similar goals. Both Hewlett Packard Enterprise and DELL Technologies are in the process of building 5G cloud gateways. This has the potential to disrupt data centers and cloud-based internet-as-a-service, although it remains to be seen how all of this will play out exactly. For the time being, the main focus lies on bringing wireless connections to drones and smart manufacturing, but these plans are always subject to change.

Huawei, Ericsson, Cisco Systems, Samsung

In the world of 5G networking gear manufacturers, things are getting rather interesting at this time. Huawei is China’s largest manufacturer, but their growth in the US might be stunted depending on what the Trump administration plans to do in the near future. This could prove rather beneficial for the likes of Cisco Systems (CSCO), Samsung Electronics, and Ericsson (ERIC). Investing in Samsung might be difficult without access to a South Korean broker, however.

The Dark Horses (Crown Castle, Corning, Ciena)

A rather interesting bit of 5G stocks news can be found where people least expect it. Albeit 5G connectivity is wireless first and foremost, there is a growing interest from fiber optics network providers to hook into this technology as well. In the United States, several companies have already expressed an interest in 5G connectivity. Companies include Crown Castle (CCI) and Corning (GLW). Ciena (CIEN) is also in the process of exploring options down this line. A lot more news is expected in the coming months, although these 5G stocks may seem slightly more risky to invest in at this time.

Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any stocks or financial markets.