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|RrLOCK|!@$15B
American Tower Corp
AMT
Real EstateLOCK|<CLOCK|Svmr&$75B
Arista Networks Inc
ANET
TechnologyLOCK|dvLOCK|#y$258B
Belden Inc
BDC
TechnologyLOCK|X.xh>Ybh#LOCK|Xd%N$4B
Broadcom Inc
AVGO
Technology<<fLOCK|^D&$2T
Ciena Corp
CIEN
TechnologyLHRLOCK|QQ#>@$54B
Cloudflare Inc
NET
TechnologySXdLOCK|!#$125B
Crown Castle Inc
CCI
Real EstateLOCK|#dLOCK|b<&^$28B
Datadog Inc Class A
DDOG
Technology&f^LOCK|%V#$99B
Diodes Inc
DIOD
TechnologyLOCK|B.ht<cn@vZLOCK|bSb>F$4B
Dynatrace Inc Ordinary Shares
DT
TechnologyC@LOCK|&^T<$17B
Elastic NV
ESTC
TechnologyfK<LOCK|b#$10B
Everpure Inc Class A
P
TechnologyLOCK|P.z^^HdlLOCK|fY@d$45B
Intel Corp
INTC
TechnologyLOCK|&>LOCK|M!B$634B
Lumentum Holdings Inc
LITE
TechnologyLOCK|!.<RP%<thpLOCK|<M?H<$94B
MACOM Technology Solutions Holdings Inc
MTSI
TechnologyLOCK|c.T%hc@dBwLOCK|^wH$23B
Micron Technology Inc
MU
TechnologyLOCK|GTLOCK|tWQ$1T
Nutanix Inc Class A
NTNX
TechnologyLOCK|.jW%?!x!LOCK|Hjx$$19B
NVIDIA Corp
NVDA
TechnologyLOCK|NYLOCK|&H>$6T
Qorvo Inc
QRVO
TechnologyZL&LOCK|DKr$10B
Qualcomm Inc
QCOM
TechnologyLOCK|%<LOCK|!^>Hx$194B
SBA Communications Corp Class A
SBAC
Real EstateLOCK|>sLOCK|>b^^^$17B
Seagate Technology Holdings PLC
STX
Technology#psLOCK|GkM$215B
SiTime Corp Ordinary Shares
SITM
TechnologyLOCK|%.!<%MKbDLOCK|l#V>$20B
Skyworks Solutions Inc
SWKS
TechnologyrPZLOCK|Vr$13B

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