The year 2023 was not great for telecom companies or their hardware providers. After heavy spending in 2021 and 2022, many firms dialed back investments this year. On the consumer side, sales of smartphones dipped after last year’s record pace. Despite the dip, several 5G stocks have risen up and gained a ton of value.
This momentary lull represents an opportunity. It’s no secret that more and more of the world’s work, learning, and commerce is taking place online. That’s especially true in many fast-growing emerging markets. These three 5G stocks are set to cash in as that shift continues.
This post appeared first on InvestorPlace.