Digital Infrastructure Stocks

From distributed workforces, cloud computing, and e-commerce to remote education, fitness, entertainment, and medicine, connectivity has never been more critical. The digital transformation represents a significant economic opportunity. Some companies can benefit as providers of the infrastructure that facilitates connectivity. Others profit by selling hardware or services related to next-generation (5G) communications. This list targets the stocks of companies well positioned to benefit from innovations in Next-Gen Connectivity (5G) and Infrastructure as a Service (IaaS) based on forward-looking assessments from Morningstar’s equity research team.
Screen With Investor
Name
Sector
Morningstar Rating for Stocks
Fair Value
Economic Moat
Market Cap
Akamai Technologies Inc
AKAM
TechnologyLOCK|V!LOCK|&J$13B
American Tower Corp
AMT
Real EstateLOCK|%@LOCK|$ccp$88B
Arista Networks Inc
ANET
TechnologyhF?LOCK|##$217B
Belden Inc
BDC
TechnologyLOCK|r.@fq^K!LOCK|w?k^Q$4B
Broadcom Inc
AVGO
TechnologyLOCK|SGLOCK|&s?$2T
Ciena Corp
CIEN
TechnologyLOCK|w%LOCK|pJpx$45B
Cloudflare Inc
NET
TechnologyLOCK|X?LOCK|?&$116B
Crown Castle Inc
CCI
Real Estate$k^LOCK|d!kd$37B
Datadog Inc Class A
DDOG
TechnologyFH#LOCK|HW$97B
Diodes Inc
DIOD
TechnologyLOCK|^.C$Q^rH<LOCK|?@hjz$4B
Dynatrace Inc Ordinary Shares
DT
TechnologyQdLOCK|TrV#Z$19B
Elastic NV
ESTC
TechnologyLOCK|.<rNDl<&LOCK|#^$11B
Everpure Inc Class A
P
TechnologyLOCK|N.H&h!K>khLOCK|$k$41B
Intel Corp
INTC
TechnologyLOCK|KZLOCK|ft$460B
Lumentum Holdings Inc
LITE
Technology%$!LOCK|tHBg$68B
MACOM Technology Solutions Holdings Inc
MTSI
TechnologyLOCK|#.@s%H!s@kLOCK|hCJ$18B
Micron Technology Inc
MU
TechnologyLOCK|&!LOCK|>?<$993B
Nutanix Inc Class A
NTNX
TechnologyLOCK|.$txd<@dLOCK|t<$s$19B
NVIDIA Corp
NVDA
Technologyt%#LOCK|bhY$5T
Qualcomm Inc
QCOM
Technologyz!rLOCK|?tLZ$188B
SBA Communications Corp Class A
SBAC
Real EstateLOCK|^tLOCK|zykR$20B
Seagate Technology Holdings PLC
STX
TechnologyLOCK|r%LOCK|#?$143B
SiTime Corp Ordinary Shares
SITM
TechnologyLOCK|?.V#l!g%?PLOCK|N@zCg$14B
Skyworks Solutions Inc
SWKS
TechnologyZ!LLOCK|hpM$20B
Teradata Corp
TDC
TechnologyLOCK|.z^>>py<LOCK|@B>$3B

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