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
Technology#&@LOCK|%rX$15B
American Tower Corp
AMT
Real EstateTj!LOCK|$&&zc$75B
Arista Networks Inc
ANET
TechnologyLOCK|?cLOCK|RF$258B
Belden Inc
BDC
TechnologyLOCK|Q.gBp@^qD&LOCK|by%P$4B
Broadcom Inc
AVGO
TechnologyLOCK|Z#LOCK|kVn$2T
Ciena Corp
CIEN
Technologyf>^LOCK|<^t>$54B
Cloudflare Inc
NET
TechnologyLOCK|!&LOCK|t&$125B
Crown Castle Inc
CCI
Real EstateLOCK|<<LOCK|&!%#N$28B
Datadog Inc Class A
DDOG
TechnologysQzLOCK|Yz%$99B
Diodes Inc
DIOD
TechnologyLOCK|y.qr$sC#m>LOCK|@Xd&Q$4B
Dynatrace Inc Ordinary Shares
DT
TechnologyfFRLOCK|#&>&>$17B
Elastic NV
ESTC
Technology&Y<LOCK|<w$10B
Everpure Inc Class A
P
TechnologyLOCK|@.!LGcv?LOCK|!$h^$45B
Intel Corp
INTC
TechnologyHpVLOCK|&bj$634B
Lumentum Holdings Inc
LITE
TechnologyLOCK|R.&!>!W@#LOCK|yT@Z<$94B
MACOM Technology Solutions Holdings Inc
MTSI
TechnologyLOCK|%.yghrn#LOCK|nbL$23B
Micron Technology Inc
MU
TechnologyPh&LOCK|%TW$1T
Nutanix Inc Class A
NTNX
TechnologyLOCK|.kCxPdjLOCK|qL$$F$19B
NVIDIA Corp
NVDA
TechnologyLOCK|<BLOCK|&F$6T
Qorvo Inc
QRVO
Technology?FLOCK|>!>$10B
Qualcomm Inc
QCOM
Technologyr<HLOCK|YC$<M$194B
SBA Communications Corp Class A
SBAC
Real EstatezGDLOCK|mL>gy$17B
Seagate Technology Holdings PLC
STX
TechnologyLOCK|G%LOCK|J&>$215B
SiTime Corp Ordinary Shares
SITM
TechnologyLOCK|G.?w#@kq%LOCK|!>bPc$20B
Skyworks Solutions Inc
SWKS
TechnologyvrLOCK|!@$13B

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