10 Best 5G Stocks to Invest in According to Analysts

5. Comcast Corporation (NASDAQ:CMCSA)

Average Price Target Upside Potential According to Analysts: 27.59%

Number of Hedge Fund Holders: 72

Comcast Corporation (NASDAQ:CMCSA) is an American media and technology company that is focused on telecommunications and entertainment. It is one of the world’s largest broadcasting and cable television companies. The company is also one of the biggest providers of home internet services and telephone services in the US. Comcast Corporation (NASDAQ:CMCSA) is one of the best 5G stocks to invest in according to analysts. The company’s Xfinity Mobile service offers 5G coverage nationwide in the US.

The company operates an extensive next-generation network in the US that reaches more than 63 million homes and businesses. It delivers symmetrical gig-plus speeds and offers extensive wireless coverage with more than 23 million WiFi hotspots and a reliable 5G network. Since 2018, Comcast Corporation (NASDAQ:CMCSA) has invested over $20 billion to fund the largest network upgrade in the US. In 2023, the company expanded its network to over a million new customers. CMCSA is on track to do this again in 2024.

The company is strategically focused on investing in business growth and innovation. In December 2024, Comcast Corporation (NASDAQ:CMCSA) moved its 5G wireless core from on-premise infrastructure into Amazon Web Services (AWS). This new cloud-based network will help Xfinity Mobile and Comcast Business Mobile offer customers more scalable, secure, and cost-effective 5G wireless services using Comcast’s licensed spectrum across the US.