This 5G Stock Touches Every Part of the $3.5 Trillion IT Sector
May 07, 2020 at 11:40 AM EDT
Allied Market Research expects the 5G technology sector to explode from $5.53 billion today to $667.90 billion in 2026. An 11,977% projection. Today, we're going to show you a 5G stock with a hand in every part of that growth. That 122% compound annual growth rate (CAGR) for the industry is easy dismiss at first. The average S&P 500 CAGR is 7.20%. I'll be the first to admit that it sounds crazy. But when you think about it, almost every technological advancement on the horizon either depends on 5G, or it's preparing for it. 5G is a landmark in human history. The post This 5G Stock Touches Every Part of the $3.5 Trillion IT Sector appeared first on Money Morning - We Make Investing Profitable . Read more... Tags: 5G stocks To get full access to all Money Morning content, click here About Money Morning: Money Morning gives you access to a team of ten market experts with more than 250 years of combined investing experience – for free . Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors. Disclaimer: © 2020 Money Morning and Money Map Press. All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning. 16 W. Madison St. Baltimore, MD, 21201.