The good news is the company has plenty of cash with US$75 million – or about $2 per share – on the balance sheet with zero debt. It has a number of technology solutions for planning, designing, and supporting the telecommunications industry in the 5G transition. But with the U.S. Dollar continuing to gain against its Canadian counterpart, many Canadian investors are reluctant to exchange their Loonies for Greenbacks. Unfortunately, the company is projected to burn significant cash in 2020, with losses estimated at more than US$1 per share. The first Canadian 5G stock to put on your radar is Enghouse Systems (TSX:ENGH). In fact, BCE’s customers have access to two times more cell towers than competitors. There’s potential to grow this part of the business significantly if ultra-fast 5G networks make it easy for machines to talk to each other. Shares have dropped 5.4% year over year. Sierra Wireless (TSX:SW) (NASDAQ:SWIR) is a technology company that tends to fly under the radar. DISCLAIMER:Stocktrades is an independent media portal covering the development related to stocks on the TSX. Robin Brown | September 17, 2020 | More on: BCE BCE ENGH. Sierra Wireless (TSX:SW) 1. That’s projected to grow to 1.5 billion modules by 2023. We need faster speeds for true innovation tomorrow. 2021 is expected to be a lot closer to break-even. Qorvo. 3: Skyworks Solutions Inc. (NASDAQ: SWKS) Skyworks, like Qorvo, makes RF chips. Most of the ways to play 5G are from the United States. We’ve essentially maxed out what 4G wireless networks are capable of. Nelson is a dividend value investor who insists on buying great dividend-paying companies when they are reasonably priced. Remote health care will be much easier with ultra-clear video between you and your doctor. However, Stocktrades is by no means associated with the Toronto Stock Exchange, or any of the companies we cover. Law enforcement braces for more extremist violence in DC and around the US ahead of Inauguration Day. If either of these companies take off, their depressed shares could easily rocket higher. This could prove to be one of the best growth opportunities in the entire market over the next decade or two, and they may be some of the best Canadian stocks to buy. One example is the company’s self-driving car software division, which has ramped up to testing on Ontario streets. Based in British Columbia, Canada, Sierra Wireless designs and manufactures wireless equipment for an international customer base. Bell 5G. With shares trading at less than $15 each on the Toronto Stock Exchange – which is well below 2017 highs of $37 – today is a great opportunity to pick up this Canadian 5G stock on the cheap. Rogers stock has climbed 3.3% in 2020 as of close on February 19. This has not been the case for competitors like Telus, which previously partnered with Huawei. AT&T (NYSE:T) was one of the first digital wireless provider… Canada’s 5G Technology Leader Is Undervalued. Sierra is extremely bullish on the Internet of Things market once 5G becomes commonplace. Rogers and BCE (TSX:BCE) own media properties and sports teams. Why? This is your chance to get in early on what could prove to be very special investment advice. Its generous 5.9% dividend is safe, and it continues to see healthy free cash flow generation. Deals to start building mass-market 5G networks are still largely a year away, but by 2025, 1.2 billion people are set to have access to 5G networks — a third of them in China, according to the global wireless trade group GSMA. Stocktrades offers strictly investment opinions, not investment advice. Keep an eye on major telecoms like BCE Inc (TSX:BCE)(NYSE:BCE). Canada will be next to deliver faster high-speed wireless service to mobile customers in 2020. 3 Top 5G Stocks to Buy and Hold 5G becoming a reality is a question of "when" not "if." The 5G wireless transition is expected to transform Canadian’s wireless, data, and digital experience forever. That is 10 million subscribers that will all eventually be looking for faster, more reliable data through 5G. Skyworks isn't exactly cheap today but the company has a clear path to massive growth in the 5G … Shares have dropped 5.4% year over year. Verizon, AT&T and others may soon start to tout 5G. That means by the time everyone else figures out just how big 5G might be, you’ll have missed your opportunity. It has $5.4 billion of liquidity and a reasonable net debt leverage ratio of 2.86 times. 5G will revolutionize the world. 2 5G Stocks to Buy in 2021 Harsh Chauhan 6 days ago. The Motley Fool recommends Enghouse Systems Ltd. Not to alarm you, but you’re about to miss an important event. I’ve had Motorola bricks and now a BlackBerry, made under license by TCL Technology. All content on Stocktrades is the views of the individual reporters. They can seize their share of the profits by investing in a few local 5G stocks. Yet for Canadians, 5G stocks with a market capitalization over $200 million may not be quite so obvious. Marvell Technology ( MRVL ) Simply enjoy the 5G revolution as you collect steady dividends and stable, long-term growth. 5G has the potential to radically change our lives and society as we know it, but if you’re an investor, the implications are even greater — and potentially much more lucrative. And I recall the billing — especially when roaming. As noted earlier, 5G stands for fifth-generation wireless. Although Rogers Communications (TSX:RCI.B) did beat Telus by activating parts of its 5G network earlier this year, it was just a pyrrhic victory since there aren’t any phones that are currently 5G compatible. 5G stocks in Canada are the perfect bet for growth investors seeking a long-term play. Click here to view your 2021 Kick-Off offer. Don’t Wait for a Stock Market Crash: Here Are 2 Top TSX Stocks to Buy in January, The 3 Best Monthly-Paying Dividend Stocks I’d Buy With $50 for 2021, so utilizing Ericsson for implementing its 5G network. Although the company isn’t a big player ... 2. Over the next 12-18 months, a 5G standalone core will become available. This 5G stock is a great one to consider, but does have some downsides as well. Another way to play these themes is to buy a semiconductor ETF, since many 5G and Second Gen Internet stocks are semiconductor makers … VZ is one of the best stocks to buy for 5G largely for its spectrum holdings and near-certain staying power; a 4.2% dividend doesn't hurt, either. The company is well-known as a security expert, and these networks will need to be protected from bad guys. Increased speeds from 5G networks will make all sorts of interesting things happen. Canada’s telecom sector, meanwhile, won’t get caught up in any of that. It could easily be the next big investing theme. It has over $220 million of net cash, so it has a strong capacity for expansion and acquisitions. BCE has aggressively invested $4 billion into its fibre, next-gen network infrastructure across Canada. https://www.fool.ca/2020/10/15/growth-investors-2-top-5g-stocks-on-the-tsx Telus looks poised to deliver solid returns without a whole lot of downside risk. Yet it is difficult finding Canadian stocks that will benefit from this revolutionary trend. I understand I can unsubscribe from these updates at any time. He has been investing for more than 15 years and is now primarily focused on helping other investors build up a dependable stream of passive income. There will be multiple competitors in the Internet of Things sector. Yet it maintains a strong financial position. Click on an ETF ticker or name to go to its detail page, for in-depth news, financial data and graphs. A world powered by 5G has the potential to be revolutionary place. Qorvo, like its rival Skyworks, is a major Apple supplier. The information on Stocktrades.ca represents the views of the authors and should not be misconstrued as advice. Enghouse has a strong array of network products that should see ample demand during the 5G transition. Consequently, Enghouse provides a suite of network planning, management, and visual intelligence products that help manage complex 5G networks. The fact they hold positions in securities has had no impact on the production of this article. AT&T and T-Mobile have already rolled out 5G wireless networks for over 200 million customers across the United States. The Motorola phones were on the old analog frequencies and were only good for voice with limited range in coverage and power. These upgrades will cost billions, but they’ll be worth it in the end. This is when consumers will really start to notice a difference. Here are three of the better long-term opportunities for investors to profit from the network of the future. BCE (TSX:BCE)(NYSE:BCE) is another strong 5G stock in Canada. If you haven’t bought stock market assets to make money from the telecommunications boom, here are some 5G stocks to buy. The 5G revolution is here, and that means it’s time to buy 5G stocks and 5G ETFs. Heck, even smart cities will emerge, technological marvels that will change our lives in countless ways. 5G, or "fifth generation", is a significantly faster cellular network technology that will become the new standard for mobile networks. In particular, Enghouse experienced very strong COVID-related demand for its interactive management services. There will be multiple competitors on the hardware side, too. Forget Bitcoin and Gold: Grow a TFSA With This TSX Dividend Heavyweight! The company is already a major player in the sector with sales of more than US$700 million in 2019. With a … All rights reserved. Current as of January 15, 2021. In the U.S., there are many obvious 5G stock plays, like Apple, Crown Castle, and Marvell Technologies. Look for that number to slowly increase over 2020-21 before really jumping in 2022 and beyond, right when 5G is really projected to take off. Today, I am going to discuss two 5G stocks that operate in Canada, are listed on the TSX, and should enjoy some significant tailwinds as the 5G revolution unfolds. The company has said that by the end of 2020 it intends to offer 5G in 20 Canadian markets. Both BlackBerry and Sierra Wireless should benefit as 5G becomes the norm. Self-driving cars and drones can zip about, using wireless signals to both get where they’re going and avoid each other. Combine trends such as working from home, digitized society, and 5G, and this is one Canadian 5G stock set for success. To find good ideas for 5G stocks trading at attractive valuations, visit TipRanks’ Best Stocks to Buy, a newly launched tool that unites all of TipRanks’ equity insights. The pandemic crisis has stunted BCE’s financial results in 2020. Fool contributor Robin Brown owns shares of Crown Castle International and Enghouse Systems Ltd. David Gardner owns shares of Apple. 3.BlackBerry (TSX:BB) There are a few ways BlackBerry ( TSX:BB) could benefit from an upcoming 5G revolution. It depends even more on Apple, getting 51% of its revenue from the tech giant. Right now, around 43% of Enghouse’s revenues come from its asset management segment. Let’s take a closer look at three top Canadian stocks that will have significant exposure to 5G over the next few years. The Internet of Things will allow numerous smart devices to communicate with each other, making overall commerce much easier. When he's not studying the markets, Nelson can be found relaxing with his wife and cat or watching the Toronto Blue Jays. All of them will require new 5G phones. Telus (along with its competition) is already aggressively investing in 5G equipment to upgrade its existing network. No wonder so many Canadian investors are excited about 5G stocks. Other investors just want to support local companies and keep their cash inside the country. The Motley Fool Canada » Dividend Stocks » 2 Canadian 5G Stocks You Have to Own in 2020! The 5G stock is trading at a price-to-earnings ratio of 20 and price-to-book of 2.5, compared to BCE’s 3. 4G technology can play video, load Facebook, and do a lot of other things, but it’s not very useful for the next generation of technology. In an industry plagued with misinformation, our main priority is to maintain complete objectivity and bring investors around the world accurate, timely and high quality investment news and information. 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