5 Best 5G Stocks To Buy Under $10

4. Infinera Corp (NASDAQ:INFN)

No of HFs: 20

Total Value of HF Holdings: $261 Million

INFN shares currently trade at $9.85. The top hedge fund holder of this stock is Howard Marks’ Oaktree Capital Management which had $155 million invested in the stock at the end of September. An insider recently purchased 15,000 shares at around $4 in May 2020. The stock is up 125% since then. In 2020, INFN announced that it has joined IOWN Global Forum to accelerate innovations in next-generation optical networks. Dave Welch, Founder, and Chief Innovation Officer, at Infinera said,

“Optical technologies are at the heart of cost-effective, low-power, scalable solutions for next-generation communication networks. The ability to help transform optical networks is a tremendous opportunity. We look forward to introducing XR optics and other innovations to the IOWN community and collaborating on how next-generation technologies can pave the way to an advanced optical architecture for the 21st century.”