12 Best 5G Stocks to Invest in According to Hedge Funds

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4. T-Mobile US, Inc. (NASDAQ:TMUS)

Number of Hedge Fund Holders: 81

T-Mobile US, Inc. (NASDAQ:TMUS) is one of the best 5G stocks to invest in according to hedge funds. On January 15, Bernstein reduced its price target on T-Mobile US, Inc. (NASDAQ:TMUS) from $265 to $245 and kept its Market Perform rating.

Bernstein believes that the telecom and cable industry is entering a new phase of competition. The research firm noted that each quarterly update in 2025 showed worsening competitive conditions, which erased many of the gains telecom companies had made in the first half of 2025. The cable companies also continued to experience declines in the second half of the year. According to Bernstein, this increased competition in the industry is likely to continue into 2026, with recent strategic moves offering little sign of improvement.

Earlier, on January 7, Scotiabank also reduced its price target on T-Mobile US, Inc. (NASDAQ:TMUS) from $278 to $270.50 and maintained its Outperform rating.

Scotiabank updated its price targets across the telecommunications services sector ahead of fourth-quarter earnings. The research firm pointed out that promotional activity was high during the holiday season. Despite this, industry revenue and EBITDA growth remain positive.

T-Mobile US, Inc. (NASDAQ:TMUS) is a telecommunications company that delivers wireless communication services, including mobile phone and internet services. It provides an advanced 4G LTE and 5G network in the US.

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