Top 5G Stocks to Watch in March 2022

In the evolving world of technology, 5G stocks are gaining significant attention. According to data collected, three companies stand out in this area: Cisco Systems, Super Micro Computer, and QUALCOMM. These companies are key players in the development and deployment of fifth-generation (5G) wireless technology. 5G stocks represent businesses that contribute directly to this advanced mobile connectivity or are likely to benefit from its expansion. Recently, these stocks have shown remarkable trading volumes, indicating strong investor interest.

Cisco Systems (CSCO)

Cisco Systems, Inc. specializes in designing and manufacturing networking products and services. They operate in various regions including the Americas, Europe, Asia, and more. Cisco’s offerings cover a wide range of technologies, from data center switching to networking security solutions. On a recent trading day, Cisco’s stock price fell slightly to $60.30, with more than 65 million shares traded, far exceeding its average volume. The company has seen a market capitalization of about $239.89 billion and provides a modest dividend to its investors while showing potential in long-term advancements in AI.

Super Micro Computer (SMCI)

Super Micro Computer, Inc. focuses on high-performance server and storage solutions, creating products that integrate open architecture systems. Their extensive product range includes servers, storage systems, networking devices, and management software. Recently, shares of Super Micro increased to $42.15 during trading, with 64 million shares exchanged. The company's market cap currently stands at roughly $25.02 billion. They also boast strong financial metrics, making this a stock to consider as 5G technology expands.

QUALCOMM (QCOM)

QUALCOMM Incorporated is a leader in developing technologies pivotal to the wireless industry, spanning from mobile communications to multimedia capabilities. On a recent trading day, QUALCOMM stock dropped slightly to $156.82, with around 10 million shares traded. With a market capitalization of $173.44 billion, it has solid financial metrics that may appeal to investors looking for growth in the tech sector.

5G, stocks, technology