In this article, we will take a look at the 11 Best 5G Stocks to Buy Now.
The fifth generation of wireless cellular technology, or 5G technology, delivers notable speed and capacity gains. Back in 2024, the global wireless telecommunications sector made history, with 2.25 billion 5G connections worldwide. This enormous expansion foreshadows the rate at which 5G will be adopted, outpacing previous wireless generations by a wide margin. Market experts project that this trend will continue, with 8.3 billion 5G connections worldwide by 2029.
As an example to 5G’s growth, SNS Telecom & IT’s Private 5G market: 2025-2030 report states that there has been a considerable amount of interest in 5G’s potential to replace interference-prone unlicensed wireless technologies in industrial Internet of Things (IoT) environments owing to its greater coverage radius per radio node, scalability, security features, and mobility support.
Based on the study’s financial analysis, the total annual investments in private 5G networks for vertical industries are expected to grow at a compound annual growth rate (CAGR) of roughly 41% between 2025 and 2028, eventually surpassing the $5 billion mark by the end of the forecast period.
Photo by Mario Caruso on Unsplash
Our Methodology
To make our list of the best 5G stocks to buy now, we chose and selected notable names that hold favorable views among market experts and analysts. While 5G technology is the primary focus of most of these stocks, several also include cloud service providers, holding companies with 5G-related subsidiaries, and semiconductor companies that enable 5G ecosystems. We have also mentioned hedge fund sentiments around each stock, based on Insider Monkey’s data for Q2 2025.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
11. Skyworks Solutions, Inc. (NASDAQ:SWKS)
Number of Hedge Fund Holders: 39
Skyworks Solutions, Inc. (NASDAQ:SWKS) ranks among the best 5G stocks to buy now. Morgan Stanley retained its Equalweight rating on Skyworks Solutions, Inc. (NASDAQ:SWKS) and reduced its price target from $68 to $65 on August 6. Based in part on Apple’s previous remarks, the research firm noticed that the supply chain for smartphones has outperformed expectations during the current earnings period.
Morgan Stanley emphasized that Skyworks Solutions, Inc. (NASDAQ:SWKS) faced difficulties in adjusting content movements, such as content loss to Broadcom, though benefits remain as Apple switches to internal baseband technology.
On the other hand, the firms stated that although Skyworks Solutions, Inc. (NASDAQ:SWKS) reported strong numbers, this might only postpone “inevitable headwinds” for the company.
Skyworks Solutions, Inc. (NASDAQ:SWKS) is a semiconductor company that specializes in high-performance analog semiconductors. The company is at the forefront of creating the key technologies needed for 5G connection. Its SKY5 platform offers advanced technologies that support dependable, fast 5G performance on user devices as well as infrastructure.
10. Crown Castle Inc. (NYSE:CCI)
Number of Hedge Fund Holders: 49
Crown Castle Inc. (NYSE:CCI) ranks among the best 5G stocks to buy now. On August 19, BMO Capital raised its price target for Crown Castle Inc. (NYSE:CCI) from $115 to $120 and upgraded the stock from Market Perform to Outperform. The boost follows Crown Castle’s intention to sell its fiber division, a deal that BMO Capital estimates might not conclude until mid-2026.
The recent appointment of a new CEO, which lifts a previous overhang for the company, and a better carrier activity backdrop are two further positive aspects that BMO Capital noted to support its generally bullish outlook.
With $3 billion in post-close share repurchases supporting the stock, the firm anticipates that Crown Castle Inc. (NYSE:CCI) will continue to re-rate as a U.S. Tower pure-play.
Crown Castle Inc. (NYSE:CCI) is a major player in the real estate investment trust (REIT) sector, especially when it comes to 5G, with a sizable portfolio that comprises over 40,000 cell towers.
9. American Tower Corporation (NYSE:AMT)
Number of Hedge Fund Holders: 70
American Tower Corporation (NYSE:AMT) ranks among the best 5G stocks to buy now. On August 12, American Tower Corporation (NYSE:AMT) attended the TD Cowen Communications Infrastructure Summit and presented its strategic priorities, focusing on development and long-term business stability while tackling issues like carrier upgrade progress and possible churn threats.
The company’s inorganic expansion is progressing in several areas, such as 5G, where major carriers have varying completion rates for upgrades.
On the other hand, the company recently raised its full-year property revenue outlook to as much as $10.29 billion, aided by some currency gains. It also reported a healthy $2.63 billion in second-quarter revenue, significantly exceeding expectations, while adjusted funds from operations per share rose to $2.60, up from the previous year.
Based in Boston, Massachusetts, American Tower Corporation (NYSE:AMT) is a real estate investment trust (REIT) that specializes in data centers and telecommunications. The company, which has over 221,000 properties globally, is essential to the development of fiber-optic networks that link 5G small cell sites to the internet.
8. Verizon Communications Inc. (NYSE:VZ)
Number of Hedge Fund Holders: 71
Verizon Communications Inc. (NYSE:VZ) ranks among the best 5G stocks to buy now. Verizon Communications Inc. (NYSE:VZ) stated on August 20 that its prepaid brands, Total Wireless and Simple Mobile, would launch new plans with more capabilities for global connection on August 28.
The improved services are intended to meet the growing need for global connectivity as travel trends change, especially in light of the fact that US tourists visiting Asia are now almost one-third more frequent than they were in the past.
The $60 Unlimited World+ plan provides unlimited roaming in more than 140 countries, unlimited calling to more than 200 countries, and unrestricted access to Verizon’s 5G Ultra Wideband network. Meanwhile, Total Wireless is redesigning its plan structure, offering three alternatives ranging from $40 to $65 per month.
Verizon Communications Inc. (NYSE:VZ) is a major provider of technology, entertainment, and communication services worldwide. The company offers a range of services through its operational divisions, such as digital TV, high-speed internet, and 5G and 4G wireless connectivity.
7. QUALCOMM Incorporated (NASDAQ:QCOM)
Number of Hedge Fund Holders: 76
QUALCOMM Incorporated (NASDAQ:QCOM) ranks among the best 5G stocks to buy now. QUALCOMM Incorporated (NASDAQ:QCOM) shared its strategic vision at the J.P. Morgan Hardware & Semis Access Forum on August 13. The company discussed its objectives for expansion in automotive, IoT, and data centers, as well as problems in the handset industry.
QUALCOMM Incorporated (NASDAQ:QCOM) has high hopes for its handset business due to the expansion of its content and the growing market share of Android, especially in China. With the help of long-term contracts with Samsung and Xiaomi, the company intends to keep a dominant market position in the high-end handset market.
Additionally, QUALCOMM Incorporated (NASDAQ:QCOM) unveiled its Snapdragon W5+ Gen 2 and W5 Gen 2 Wearable Platforms on August 20. The platforms, which make use of Skylo’s Narrowband Non-Terrestrial Network (NB-NTN), are the first to offer satellite assistance to the wearable industry.
QUALCOMM Incorporated (NASDAQ:QCOM) is a leading manufacturer and supplier of core technologies for the wireless sector, with a product line that includes processors that make 5G possible. The company has benefited from the rise in smartphones since the early 2000s by focusing on the technology behind 3G and 4G networks.
6. T-Mobile US, Inc. (NASDAQ:TMUS)
Number of Hedge Fund Holders: 76
T-Mobile US, Inc. (NYSE:TMUS) ranks among the best 5G stocks to buy now. On August 21, T-Mobile US, Inc. (NYSE:TMUS) reported strong financial performance for the second quarter of 2025, exceeding revenue and earnings projections. With a 5.97% surprise, the company’s earnings per share of $2.84 surpassed the consensus prediction of $2.68. Revenue, meanwhile, came in at $21.13 billion, somewhat higher than the $21.04 billion forecast.
The company’s Q2 performance shows that it is still a dominant force in the telecom industry. The company reported a 6% increase in total service revenues and a 9% increase in postpaid service revenues year-over-year. This growth was attributed to strategic fiber and 5G service expansions, together with successful product innovations like the T Satellite service.
Based in Bellevue, Washington, T-Mobile US, Inc. (NYSE:TMUS) is a prominent supplier of wireless telecommunication services. Renowned for its strides in the 5G space, the company has built one of the largest and fastest 5G networks in the US.
5. Marvell Technology, Inc. (NASDAQ:MRVL)
Number of Hedge Fund Holders: 76
Marvell Technology, Inc. (NASDAQ:MRVL) ranks among the best 5G stocks to buy now. On August 25, Oppenheimer’s Rick Schafer reiterated a Buy rating on Marvell Technology, Inc. (NASDAQ:MRVL) with a price target of $95 ahead of its earnings results. Schafer cited Marvell’s solid footing in the technology sector as the reason for his bullish outlook, and he expects the company to outperform consensus estimates. Previously, Schafer listed Marvell among his favorite data center picks.
The analyst believes Marvell Technology, Inc. (NASDAQ:MRVL) would profit as hyperscalers rapidly develop AI and data centers, boosting demand for high-speed connectivity, custom processors, and GPUs.
In addition to Schafer, Susquehanna analyst Christopher Rolland retained his Buy rating for Marvell Technology, Inc. (NASDAQ:MRVL), with a price objective of $90. The analyst anticipates Marvell’s Q2 results to be consistent with expectations.
Marvell Technology, Inc. (NASDAQ:MRVL) has made a name for itself as a leader in the creation of data processing units (DPUs). In 2021, Marvell Technology, Inc. (NASDAQ:MRVL) made major acquisitions, including Inphi and Innovium, in an attempt to increase its global footprint in important industries including 5G, cloud computing, and other business solutions.
4. Comcast Corporation (NASDAQ:CMCSA)
Number of Hedge Fund Holders: 82
Comcast Corporation (NASDAQ:CMCSA) ranks among the best 5G stocks to buy now. On August 4, Rosenblatt reiterated its Neutral rating on Comcast Corporation (NASDAQ:CMCSA) while increasing its price target to $38 from $37. The adjustment comes after Comcast’s second-quarter 2025 earnings report, which was announced on July 30. Rosenblatt stated that its consolidated 2025 revenue, EBITDA, and adjusted EPS expectations had increased by 1% to 2% following the report.
The firm stated that Comcast Corporation (NASDAQ:CMCSA) believes its new everyday low pricing strategy will help strengthen its broadband business, which has dealt with competition headwinds in recent quarters.
The firm also emphasized Comcast’s Content/Experiences division’s strong momentum, including investments in theme parks, successful movie production, and traction at the Peacock streaming service.
Comcast Corporation (NASDAQ:CMCSA) is an American media and technology company that specializes in telecommunications and entertainment. The company’s Xfinity Mobile service provides 5G coverage across the United States.
3. AT&T Inc. (NYSE:T)
Number of Hedge Fund Holders: 83
AT&T Inc. (NYSE:T) ranks among the best 5G stocks to buy now. At the KeyBanc Capital Markets Technology Leadership Forum on August 11, AT&T Inc. (NYSE:T) CTO Jeremy Legg gave an overview of the company’s strategy focus on cost reduction and network convergence. Although highlighting the advantages of modernization, Legg also recognized the difficulties of moving away from legacy systems.
In order to increase efficiency, AT&T Inc. (NYSE:T) is merging its fiber network with its wireless operations and aggressively expanding it. Additionally, the company is improving operations and customer service by utilizing large language models (LLMs).
In another vein, the company seems to be prioritizing new infrastructure investments in an effort to fight tech debt.
Leading telecommunications firm AT&T Inc. (NYSE:T) provides a wide range of wireless communication services and data solutions to a number of customer groups, including corporations, governmental organizations, wholesale customers, and individual consumers.
2. Advanced Micro Devices, Inc. (NASDAQ:AMD)
Number of Hedge Fund Holders: 113
Advanced Micro Devices, Inc. (NASDAQ:AMD) ranks among the best 5G stocks to buy now. On August 15, Mizuho maintained its Outperform rating on Advanced Micro Devices, Inc. (NASDAQ:AMD)’s stock, and increased its price target to $205 from $183. The firm raised its projections for AMD’s September quarter’s revenue and earnings per share from $8.71 billion and $1.14 to $8.80 billion and $1.15, respectively.
Moreover, Mizuho increased its fiscal 2025 forecasts from $33.2 billion in revenue and $4.00 in earnings per share to $33.4 billion and $4.02, surpassing the $33.1 billion and $3.96 previously expected.
The price target hike implies a higher value multiple of 33.7x, up from the prior 30.5x, since Mizuho believes Advanced Micro Devices, Inc. (NASDAQ:AMD) would profit from the deployment of MI308 chips in China.
A prominent multinational semiconductor company, Advanced Micro Devices, Inc. (NASDAQ:AMD) operates in a number of categories, including embedded, client, gaming, and data center. AMD, with operations all over the world, is also stepping into the telecom industry with an emphasis on 5G and computing advancements.
1. NVIDIA Corporation (NASDAQ:NVDA)
Number of Hedge Fund Holders: 235
NVIDIA Corporation (NASDAQ:NVDA) ranks among the best 5G stocks to buy now. NVIDIA Corporation (NASDAQ:NVDA) posted better-than-expected second-quarter results on August 27, although data center revenue fell slightly short of expectations due to U.S. limitations on H20 chip sales to China.
The company reported adjusted earnings per share of $1.04 and revenue of $46.7 billion. NVIDIA’s data center unit, which accounts for the majority of its revenues and is in significant demand for sustaining AI apps, saw revenue increase 56% to $41.1 billion, just missing projections of $41.34 billion.
Looking ahead, NVIDIA Corporation (NASDAQ:NVDA) expects fiscal 2026 third-quarter revenue of $54 billion, surpassing expectations of $52.76 billion. According to the company, the guidance excludes H20 chip shipments to China, adding uncertainty to the chip sales picture in China.
NVIDIA Corporation (NASDAQ:NVDA), a world leader in networking and graphics processing, provides GPUs for the AI, gaming, HPC, and other industries. The company’s products span data centers, gaming, professional visualization, and the automotive markets. The company’s AI-on-5G platform is a standout in the 5G sector.
While we acknowledge the potential of NVDA to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than NVDA and that has 100x upside potential, check out our report about this cheapest AI stock.
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