Cramer’s top 10 5G names include a wireless carrier, cell tower company, two hardware developers, four semiconductor firms, a cybersecurity provider, and a cloud content company.
CNBC’s “Mad Money” host Jim Cramer unveiled the Mad Money 5G ETF, stating that the 5G wireless network is now gaining momentum. The Mad Money host revealed details on the Mad Money 5G ETF during his show on the 16th of January.
The 5G network is replacing the 4G network, which debuted in 2010. With the rollout of the most advanced network, Jim Cramer said the 5G wireless network now has momentum needed to invest in.
On the show, Cramer said:
“We’ve been getting ready for the big 5G buildout for years. It really got rolling last year, but now it’s got the momentum we need to invest in. I want to give you a variety of different ways to play it, which is why we’ve created the Mad Money 5G ETF, made from 10 of my favorite 5G names.”
Cramer’s top 10 5G names include a wireless carrier, cell tower company, two hardware developers, four semiconductor firms, a cybersecurity provider, and a cloud content company.
CNBC’s Jim Cramer 5G ETF
Cramer’s top 10 favorite 5G names are T-Mobile US Inc (NASDAQ: TMUS), Crown Castle International Corp (NYSE: CCI), Apple Inc (NASDAQ: AAPL), Inseego Corp (NASDAQ: INSG), Marvel Technology Group Ltd (NASDAQ: MRVL), Qualcomm Inc (NASDAQ: QCOM), Skyworks Solutions Inc (NASDAQ: SWKS), TSMC (NYSE: TSM), CrowdStrike Holdings Inc (NASDAQ: CRWD), and Fastly Inc (NYSE: FSLY).
Several factors are fueling Cramer’s favorite 5G names.
Acknowledging its profound groundwork for the 5G network build-up, Cramer noted that T-Mobile is his favorite 5G name. He added that T-Mobile has the most available 5G network servicing 280 million customers across 1.6 million square miles. T-Mobile has also partnered with Ericsson (NASDAQ; ERIC) and Nokia (NYSE: NOK) to expand its 5G coverage. T-Mobile has gained 54.94% over the past years.
Communications infrastructure provider Crown Castle is Cramer’s second favorite 5G name. The Mad Money host noted that Crown Castle had invested billions of dollars in building out infrastructures for 5G over the past years.
In addition, Apple launched its first 5G enabled phone in 2020. The technology company’s senior vice president noted that the launch of the iPhone 12 “marks the beginning of a new era for iPhone.” AAPL has advanced more than 59% over the past year and nearly 7% in the last three months.
Inseego also manufactures 5G infrastructures, including 5G mobile hotspots, and is one of Cramer’s favorite names in the 5G space.
Furthermore, Cramer highlighted four semiconductor companies as parts of his top companies in the 5G sector. Marvel Technology, Qualcomm, Skyworks Solutions, and TSMC offer their services to prominent tech giants. Skyworks is a huge Apple supplier.
Cramer also added cybersecurity technology company CrowdStrike Holdings, Inc. The company protects networks used on 5G-enabled devices.
To conclude the list, Cramer mentioned cloud computing services provider Fastly. The company has climbed 261.37% in the last one yea
Ibukun is a crypto/finance writer interested in passing relevant information, using non-complex words to reach all kinds of audience. Apart from writing, she likes to see movies, cook, and explore restaurants in the city of Lagos, where she resides.
