5 Best Tech Stocks to Buy for the Next 5 Years

4. Calix Inc. (NYSE:CALX)

Number of Hedge Fund Holders: 32

Calix Inc. (NYSE:CALX) is one of the best tech stocks to buy for the next 5 years. On June 24, Calix launched new capabilities for its SmartMDU platform within the AI-native Calix One ecosystem, aimed at helping service providers monetize premium connectivity in multifamily properties. As 77% of renters are willing to pay more for high-speed internet, these updates (including QR code-based self-service activation and resident Wi-Fi suspension) enable providers to streamline operations, enforce payment compliance, and reduce manual overhead.

The enhancements introduce role-based management tools through the PropertyWorx portal and extend HomeOfficeIQ to MDU environments, ensuring resilient, personalized connectivity for residents. By simplifying network access and property management, the solution allows service providers to offer move-in-ready, secure Wi-Fi that enhances property value and resident satisfaction.

This launch reinforces Calix Inc.’s (NYSE:CALX) strategy to help service providers capture the growing MDU market, which now houses one-third of US households. By integrating property operations with reliable connectivity, the platform helps providers reduce resident turnover and drive new revenue growth while supporting the complex, always-on needs of modern multifamily living.

Calix Inc. (NYSE:CALX) is an AI platform company that enables service providers to transform operations and deliver differentiated broadband experiences through appliances, cloud software, AI agents, and managed services.