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.
|
Name
|
Sector
|
Morningstar Rating for Stocks
|
Fair Value
|
Economic Moat
|
Market Cap
| |
|---|---|---|---|---|---|---|
| Akamai Technologies Inc
AKAM
| Technology | #&@ | LOCK|%rX | $15B | ||
| American Tower Corp
AMT
| Real Estate | Tj! | LOCK|$&&zc | $75B | ||
| Arista Networks Inc
ANET
| Technology | LOCK|?c | LOCK|RF | $258B | ||
| Belden Inc
BDC
| Technology | LOCK|Q.gBp@^qD& | LOCK|by%P | $4B | ||
| Broadcom Inc
AVGO
| Technology | LOCK|Z# | LOCK|kVn | $2T | ||
| Ciena Corp
CIEN
| Technology | f>^ | LOCK|<^t> | $54B | ||
| Cloudflare Inc
NET
| Technology | LOCK|!& | LOCK|t& | $125B | ||
| Crown Castle Inc
CCI
| Real Estate | LOCK|<< | LOCK|&!%#N | $28B | ||
| Datadog Inc Class A
DDOG
| Technology | sQz | LOCK|Yz% | $99B | ||
| Diodes Inc
DIOD
| Technology | LOCK|y.qr$sC#m> | LOCK|@Xd&Q | $4B | ||
| Dynatrace Inc Ordinary Shares
DT
| Technology | fFR | LOCK|#&>&> | $17B | ||
| Elastic NV
ESTC
| Technology | &Y< | LOCK|<w | $10B | ||
| Everpure Inc Class A
P
| Technology | LOCK|@.!LGcv? | LOCK|!$h^ | $45B | ||
| Intel Corp
INTC
| Technology | HpV | LOCK|&bj | $634B | ||
| Lumentum Holdings Inc
LITE
| Technology | LOCK|R.&!>!W@# | LOCK|yT@Z< | $94B | ||
| MACOM Technology Solutions Holdings Inc
MTSI
| Technology | LOCK|%.yghrn# | LOCK|nbL | $23B | ||
| Micron Technology Inc
MU
| Technology | Ph& | LOCK|%TW | $1T | ||
| Nutanix Inc Class A
NTNX
| Technology | LOCK|.kCxPdj | LOCK|qL$$F | $19B | ||
| NVIDIA Corp
NVDA
| Technology | LOCK|<B | LOCK|&F | $6T | ||
| Qorvo Inc
QRVO
| Technology | ?F | LOCK|>!> | $10B | ||
| Qualcomm Inc
QCOM
| Technology | r<H | LOCK|YC$<M | $194B | ||
| SBA Communications Corp Class A
SBAC
| Real Estate | zGD | LOCK|mL>gy | $17B | ||
| Seagate Technology Holdings PLC
STX
| Technology | LOCK|G% | LOCK|J&> | $215B | ||
| SiTime Corp Ordinary Shares
SITM
| Technology | LOCK|G.?w#@kq% | LOCK|!>bPc | $20B | ||
| Skyworks Solutions Inc
SWKS
| Technology | vr | LOCK|!@ | $13B |