5 Best 5G Stocks To Buy According to Hedge Funds

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In this article, we will take a look at the 5 best 5G stocks to buy according to hedge funds. To see more such companies, go directly to the 15 Best 5G Stocks To Buy According to Hedge Funds.

5. Broadcom Inc. (NASDAQ:AVGO)

Number of Hedge Fund Holders: 91

Broadcom Inc. (NASDAQ:AVGO) is a prominent global semiconductor company specializing in the design, development, and distribution of a wide range of products, including set-top box SoCs, networking equipment, wireless access point SoCs, Ethernet solutions, and RF semiconductor devices. Notably, Broadcom Inc. (NASDAQ:AVGO) secured a significant multiyear, multibillion-dollar agreement with Apple Inc. (NASDAQ:AAPL) this past year, wherein it will develop 5G radio frequency components, including FBAR filters, and advanced wireless connectivity components.

In the fourth quarter, 91 hedge funds were bullish on Broadcom Inc. (NASDAQ:AVGO), compared to 87 funds in the previous quarter, according to Insider Monkey’s database. Among these, Ken Fisher’s Fisher Asset Management emerged as the largest stakeholder of the company, holding 2.13 million shares valued at $2.3 billion.

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