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Yahoo BusinessJul 13, 2020
The 5G Revolution Could Send These 3 Stocks Higher
Our digital world is changing - 5G is on the way, and it will transform the way we use mobile networks. Higher speeds and lower latency will allow for more versatile web use and communication networking via smartphones and tablets, and as the new networks increase their reach, they'll accelerate the trend towards smaller, more mobile devices.The advantages of 5G won't end with better handheld devices. Self-driving cars are becoming reality - and it's because of the higher capacity networks, capable of handling the real-time data streaming that an automotive AI will require. And Internet of Things, which is already changing manufacturing, will truly come into its own due to 5G tech. We are on the cusp of a technological revolution, and with it comes a slew of investment opportunities.Network providers, semiconductor chip makers, and software companies are among those that stand to benefit from 5G. We've used the TipRanks database to pinpoint three names poised to gain as 5G expands - and each is already taking steps to ensure that they do.America Movil (AMX)The largest telecom company in Latin America, and the fourth-largest in the world, America Movil boasts a $53.7 billion market cap even after the heavy share depreciation due to the coronavirus crisis in 1H20. The first half, especially the first quarter, saw sharp reductions in revenues and earnings, but the company's niche is solid, and through its subsidiaries, the company controls the lion's share of Latin America's wireless service.A look at the Mexican wifi spectrum will illustr
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