A lot of publicity has gone into the 5G revolution that is going to take place, and some are placing bets on companies that may or may not be players in this coming financial boom. I for one like to play it fairly safe, and have more concrete information on companies that I invest in. With that being said a small cap company that will play a major role in the expansion of 5G is a company that has already been a player in the 4G LTE expansion. That company is Inseego Corp. (INSG), Inseego has been making 4G LTE hotspot routers for the cellular phone giants Verizon and AT&T for years. I personally used an Inseego Verizon 4G LTE Mifi hotspot to work off of for six months, when me and family traveled in an RV across the southern parts of the US. It worked flawlessly and many times had a better connection than my smart phone in remote areas.
I believe one of the big expansion opportunities once the 5G network is built out will be people cutting all cables including ISP (cable internet) providers and moving to add home 5G plans to their cellular provider plans, specifically Verizon who is building their 5G network the most aggressively. This is where Inseego will come in to play as they have already built a home 5G router. They also already have built a 5G Mifi hotspot device ready for Verizon. A lot of hedge funds have been ahead of this one and have added Inseego, so this may be timely for you to jump ahead of the curve. I have added a speculative position on this company, although as always do your own research and make your own investing decisions! Also I am very bullish as well on the future growth of Verizon (VZ), for all the reasons mentioned and the expansion of all the 5G devices they will be selling! Happy investing!
JMac Investing 