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|Rr | LOCK|!@ | $15B | ||
| American Tower Corp
AMT
| Real Estate | LOCK|<C | LOCK|Svmr& | $75B | ||
| Arista Networks Inc
ANET
| Technology | LOCK|dv | LOCK|#y | $258B | ||
| Belden Inc
BDC
| Technology | LOCK|X.xh>Ybh# | LOCK|Xd%N | $4B | ||
| Broadcom Inc
AVGO
| Technology | <<f | LOCK|^D& | $2T | ||
| Ciena Corp
CIEN
| Technology | LHR | LOCK|QQ#>@ | $54B | ||
| Cloudflare Inc
NET
| Technology | SXd | LOCK|!# | $125B | ||
| Crown Castle Inc
CCI
| Real Estate | LOCK|#d | LOCK|b<&^ | $28B | ||
| Datadog Inc Class A
DDOG
| Technology | &f^ | LOCK|%V# | $99B | ||
| Diodes Inc
DIOD
| Technology | LOCK|B.ht<cn@vZ | LOCK|bSb>F | $4B | ||
| Dynatrace Inc Ordinary Shares
DT
| Technology | C@ | LOCK|&^T< | $17B | ||
| Elastic NV
ESTC
| Technology | fK< | LOCK|b# | $10B | ||
| Everpure Inc Class A
P
| Technology | LOCK|P.z^^Hdl | LOCK|fY@d | $45B | ||
| Intel Corp
INTC
| Technology | LOCK|&> | LOCK|M!B | $634B | ||
| Lumentum Holdings Inc
LITE
| Technology | LOCK|!.<RP%<thp | LOCK|<M?H< | $94B | ||
| MACOM Technology Solutions Holdings Inc
MTSI
| Technology | LOCK|c.T%hc@dBw | LOCK|^wH | $23B | ||
| Micron Technology Inc
MU
| Technology | LOCK|GT | LOCK|tWQ | $1T | ||
| Nutanix Inc Class A
NTNX
| Technology | LOCK|.jW%?!x! | LOCK|Hjx$ | $19B | ||
| NVIDIA Corp
NVDA
| Technology | LOCK|NY | LOCK|&H> | $6T | ||
| Qorvo Inc
QRVO
| Technology | ZL& | LOCK|DKr | $10B | ||
| Qualcomm Inc
QCOM
| Technology | LOCK|%< | LOCK|!^>Hx | $194B | ||
| SBA Communications Corp Class A
SBAC
| Real Estate | LOCK|>s | LOCK|>b^^^ | $17B | ||
| Seagate Technology Holdings PLC
STX
| Technology | #ps | LOCK|GkM | $215B | ||
| SiTime Corp Ordinary Shares
SITM
| Technology | LOCK|%.!<%MKbD | LOCK|l#V> | $20B | ||
| Skyworks Solutions Inc
SWKS
| Technology | rPZ | LOCK|Vr | $13B |