The tech sector is leading a stock market rebound after the multi-year lows were printed in March amid the COVID-19 market selloff. Investors have placed additional focus on 5G stocks given the expected massive rollout of the fifth-generation network in the second half of the year. Invezz listed five stocks that are likely to benefit from the 5G revolution given that the projected number of 5G connections is expected to grow from roughly 10.0 million in 2019 to 1.01 billion in 2023. Xilinx (NASDAQ: XLNX) is another stock that looks extremely well-positioned to get a boost as network deployment gains
The post This 5G stock could gain 35% in the coming weeks appeared first on Invezz.
