▶Check out the ITBC Stock exclusive forecast for soaring 5G-related stocks (Click)
Despite concerns over economic recession due to COVID-19, experts have predicted that 5G-related stocks will continue to rise steadily.
In particular, 2020 is expected to see explosive growth in equipment demand as 5G commercialization accelerates mainly in Japan and China.
▶Rising faster than the speed of light: 5G-related stocks you should buy now (Check)
Moreover, operating profits in Q4 increased by more than 1000% compared to the same period last year, and Q1 of 2020 is also expected to show tremendous growth.
Reflecting these expectations, the stock prices of related companies have soared nearly 300% over the past year. Considering that major players in the telecommunications markets such as Japan, China, and the United States are now expanding the 5G base, the stock prices of related companies are expected to rise further.
Jeon Jeong-hyeong, an expert at ITBC Stock, said, “The expansion of 5G’s base is just beginning. Massive investments will be made to expand coverage and improve speed.” He added, “It is clear that explosive growth will be recorded for at least 2 to 3 years. Now is the perfect time to enter for profit generation.”
Meanwhile, please check the link below for 5G-related stocks expected to continue their rapid rise.
▶Receive the forecasted soaring 5G-related stocks (Click)
▶Exclusive disclosure: Stocks expected to achieve high returns in the next week (Check)
Stocks of interest: Daeyoung Packaging, CrucialTec, DPC, PCLE, YBM Net
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