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3 5G Stocks that Investors Should Continue to Accumulate -Breaking

by Mike Robinson

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© Reuters. 3 5G Stocks Investors Should Continue To Accumulate

Even though growth stocks are under pressure right now, spending on 5G will trend higher in the coming months. You might be smart to invest in 5G stocks, such as NXP Semiconductors (NASDAQ.), Qorvo. (NASDAQ.), Rambus. (NASDAQ.). With the rapid pace of digitalization, it is crucial to continue making technological advancements such as 5G. The continued hybrid workplace culture will only fuel the growth of 5G technology demand. At least 17 states have been infected with the omicron coronavirus variant. Investors’ interest in the sector is evident from the Defiance 5G Next Gen Connectivity ETF’s (FIVG) 2.9% gains over the past three months and 18.9% year-to-date returns.

This is due to the ease and speed of 5G-supported devices operating at high speeds. A Report Ocean report predicts that the 5G market will grow by more than 49% between 2018 and 2025.

These are the fundamentally sound 5G shares NXP Semiconductors N.V., Qorvo, Inc., (QRVO) Rambus Inc . (RMBS), could make solid investments now.

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