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10 Cheap 5G Stocks Under $10 and $5

Last Updated on September 7, 2020 by Henry John

5G Technology is identified as a key growth driver for 2020 and in the next five (5) years.

The global 5g technology market is anticipated to be at $5.53 billion in 2020, and is projected to reach $667.90 billion by 2026, registering a CAGR of 122.3% from 2021 to 2026.

You can capitalize on this projected growth by investing in 5G stocks.

Here are the best 5g stocks under $10:

  • Ericsson: It has established itself as the runaway leader in the global race for 5g infrastructures. Its cause is helped by the ongoing trade-war between US and China which has seen Hauwei benched significantly in the global race.
  • Nokia: With Ericsson already leading the 5g race globally, Nokia sits in second place. Nokia stock has grew impressively (over 70%) since March.

Update: Since publishing this article back in March, most of the stocks listed below have gone ahead to produce at least a 50% return. And Ericsson now trades over $10. However, my number one 5g stock is still Ericsson. The worst performing stock on the list is Commun Systems Inc. which has lost a little over 2% of its value since being listed.

If you are interested in investing in 5G Technology Companies here are top 5G stocks under $10 and $5 to consider:

1. Nokia Corporation

Market Cap: 24.757M
Stock Price: USD 4.48 (Check the latest price)

Headquarter: Finland

Company Profile

Nokia Corporation engages in the network and technology businesses worldwide.

The company operates in four segments: Ultra Broadband Networks, Global Services, IP Networks and Applications, and Nokia Technologies. It focuses on mobile radio including macro radio, small cells, and cloud native radio solutions for communications service providers and enterprises; and provides network planning and optimization, network implementation, and systems integration, as well as company-wide managed services.

The company also offers fixed networking solutions, such as copper and fiber access products, solutions, and services. In addition, it provides network infrastructure and professional services for mobile networks; and managed services for the fixed, mobile, Internet protocol (IP), and optical domains. Further, the company offers network planning, implementation, operation, and maintenance services.

Additionally, it provides IP/optical networking solutions, including IP routing and optical transport systems, software, and services; software solutions, such as customer experience management, network operations and management, communications and collaborations, policy and charging, as well as Cloud, IoT, security, and analytics platforms; and submarine networks and radio frequency systems.

The company has a strategic collaboration with Microsoft. Nokia Corporation was founded in 1865 and is headquartered in Espoo, Finland.

2. Blackberry Limited

Market Cap: 3.072B
Stock Price: USD 5.52 (Check latest price)

Headquarter: United States

Company Profile

BlackBerry Limited provides intelligent security software and services to enterprises and governments worldwide.

The company leverages artificial intelligence and machine learning to deliver solutions in the areas of cybersecurity; safety and data privacy; and endpoint security management, encryption, and embedded systems.

It offers BlackBerry Spark software platform that includes a suite of security software products and services comprising BlackBerry Cylance, BlackBerry UEM, BlackBerry Dynamics, and BlackBerry Workspaces; and BlackBerry Spark SDK to promote the evolution of a platform ecosystem by enabling enterprise and independent software vendor developers to integrate the security features of BlackBerry Spark into their own mobile and web applications.

BlackBerry Limited also provides BlackBerry Internet of Things (IoT) solutions, including BlackBerry QNX, BlackBerry AtHoc, SecuSUITE, BlackBerry Certicom, BlackBerry Radar, and other IoT applications; and manages and monetizes BlackBerry patents and applications.

As of February 29, 2020, the company owned approximately 38,000 worldwide patents and applications.

BlackBerry Limited has a partnership with the University of Windsor to develop and deliver a cybersecurity curriculum for the university’s graduate master’s program in applied computing.

The company was formerly known as Research In Motion Limited and changed its name to BlackBerry Limited in July 2013. BlackBerry Limited was founded in 1984 and is headquartered in Waterloo, Canada.

3. ADDvantage Technologies Group, Inc.

Market Cap: 24.757M
Stock Price: USD 2.1 (Check the latest price)

Headquarter: United States

Company Profile

ADDvantage Technologies Group, Inc., through its subsidiaries, distributes and services electronics and hardware for the cable television and telecommunication industries in the United States, Canada, Central America, Asia, Europe, Mexico, South America, and internationally.
 
The company operates through two segments, Wireless Infrastructure Services and Telecommunications.
 
The Wireless Infrastructure Services segment provides turn-key wireless infrastructure services for U.S. wireless carriers, communication tower companies, national integrators, and original equipment manufacturers.
 
This segment also offers installation, upgradation, and maintenance of technology on cell sites; and the construction of new small cells for 5G.
 
The Telecommunications segment provides central office equipment that include optical transport, switching, and data center equipment for communication networks; customer premise equipment, such as integrated access devices, channel banks, Internet protocol private branch exchange phones, and routers; and decommissioning services for surplus and obsolete telecom equipment.
 
The company was formerly known as ADDvantage Media Group, Inc. and changed its name to ADDvantage Technologies Group, Inc. in December 1999.
 
ADDvantage Technologies Group, Inc. was incorporated in 1989 and is headquartered in Farmers Branch, Texas.

4. Commun Systems Inc.

Market Cap: 43.439M
Stock Price: USD 4.4 (Check latest price)

Headquarter: United States

Company Profile

Communications Systems, Inc., through its subsidiaries, manufactures and sells connectivity infrastructure products for broadband and voice communications in North America, Europe, the Middle East, Africa, and internationally.
 
The company’s Transition Networks segment designs, assembles, and markets media converters, NIDs, network interface cards, Ethernet switches, small form factor pluggable modules, and other connectivity products under the Transition Networks brand name.
 
This segment sells its products through distributors, resellers, integrators, and original equipment manufacturers (OEMs) to the federal government, enterprise, service provider, industrial, security, and surveillance markets.
 
Its Suttle segment provides enclosure systems to support premise distribution of broadband and other connectivity networks; fiber optic management and connectivity solutions for access and premise networks; and modular connecting products for copper telecommunications networks, as well as DSL products that support broadband connectivity to copper networks under the Suttle brand name.
 
This segment serves telephone companies, electrical/low-voltage contractors, home builders, cable customers, and OEMs directly, as well as through distributors.
 
The company’s JDL Technologies segment offers information technology managed services; network design, deployment, and integration; cloud, hosted, and virtualization services; and remote support and management services.
 
This segment serves education, healthcare, and commercial markets.
 
Its Net2Edge segment designs, manufactures, and markets carrier Ethernet based network access devices and software under the Liberator brand name.
 
This segment serves government, enterprise, utility, industrial, and surveillance markets, as well as service providers through direct sales model, and approved partners and integrators.
 
Communications Systems, Inc. was founded in 1969 and is headquartered in Minnetonka, Minnesota.

5. Wireless Telecom Group, Inc.

Market Cap: 26.41M
Stock Price: USD 1.22 (Check latest price)

Headquarter: United States

Company Profile

Wireless Telecom Group, Inc., together with its subsidiaries, designs, develops, manufactures, and markets radio frequency (RF) and microwave devices in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company operates in three segments: Network Solutions, Test and Measurement, and Embedded Solutions.
 
The Network Solutions segment designs and manufactures RF components and integrated subsystems, including low passive intermodulation radio frequency and microwave products used in small cell deployments, distributed antenna systems, in-building wireless solutions, and cellular base-station.
 
This segment also provides power combiners, directional couplers, attenuators, terminators, and filters for broadband applications to support commercial in-building wireless networks, public safety networks, rail and transportation deployments, corrosive salt/fog environment build-outs, and global positioning system (GPS) signal distribution; and GPS digital repeaters and splitters for cellular timing synchronization, as well as a passive systems monitor for real-time diagnostics of an in-building distributed antenna system.
 
The Test and Measurement segment offers power meters, power sensors, voltmeters, and audio and modulation analyzers for radar, avionics, electronic warfare, electromagnetic interference compatibility, and satellite and wireless communications applications; and noise generation instruments, calibrated noise sources, noise modules, and diodes.
 
The Embedded Solutions segment provides embedded signal processing and radio frequency modules; and long term evolution physical layer and stack software for 4G and 5G mobile network applications.
 
The company markets its products under the Boonton, Microlab, Noisecom, and CommAgility brands through its in-house sales force, manufacturers’ representatives, and distributors. Wireless Telecom Group, Inc. was founded in 1985 and is headquartered in Parsippany, New Jersey. in

6. EXFO Inc.

Market Cap: 202.889M

Stock Price: USD 3.62 (Check latest price)

Headquarter: Canada

Company Profile

EXFO Inc. provides test, monitoring and analytics solutions for fixed and mobile communications service providers, web-scale operators, and network equipment.
 
It offers field network testing products, such as copper/DSL testing, dispersion analysis, fiber inspection, light sources, live fiber detection, network protocol testing, optical fiber multimeter, optical loss testing, optical time domain reflectometry and iOLM, power meters, spectral testing, test function virtualization, and test reporting and automation products, as well as modular test platforms.
 
The company also provides lab and manufacturing testing network protocol testing products, network simulation and load testing products, optical benchtop kits, optical communication analyzers, optical light sources, optical power meters, optical spectrum analyzers, switch and utility modules, test platforms, variable attenuators, tunable filters, optical component testers, and tunable sources; and service assurance products, such as fiber monitoring, network probe, network topology management, monitoring and troubleshooting, RAN optimization, and real-time analytics.
 
In addition, it offers mobile portfolio that consists of network simulators and optical radio frequency test solutions for turning up and troubleshooting fiber-based mobile networks; PC-centric and open-ended platforms with cloud-based software applications; and Internet protocol assurance services, as well as monitoring services for 2G, 3G, 4G/LTE, and 5G mobile networks.
 
The company sells products through its direct sales force, sales representatives, and distributors in the Americas, Europe, the Middle-East, Africa, and the Asia-Pacific. EXFO Inc. was founded in 1985 and is headquartered in Qu├ębec City, Canada.

7. Inseego Corp.

Market Cap: 1.036B
Stock Price: USD 10.66 (Check the latest price)

Headquarter: United States

Company Profile

Inseego Corp. engages in the design and development of mobile, Internet of Things (IoT), and cloud solutions for large enterprise verticals, service providers, and small and medium-sized businesses worldwide.
 
The company provides wireless 3G, 4G, and 5G hardware products that address various markets, including fleet and commercial telematics, aftermarket telematics, smart city infrastructure management, remote monitoring and control, wireless surveillance systems, security and connected home and fixed wireless access, and mobile broadband devices.
 
Its products include 4G and 5G mobile hotspots, wireless gateways and routers for IoT applications, 1Gigabit speed 4G LTE hotspots and USB modems, integrated telematics, and mobile tracking hardware devices that are supported by applications software and cloud services designed to enable customers to easily analyze data insights and configure/manage their hardware remotely.
 
The company also sells software-as-a-service (SaaS), software, and services solutions in various mobile and industrial IoT vertical markets comprising fleet management, vehicle telematics, aviation telematics, usage-based insurance, stolen vehicle recovery, asset tracking, monitoring, business connectivity, and subscription management.
 
Its SaaS delivery platforms include Ctrack platforms, which provide fleet, vehicle, aviation, asset, and other telematics applications; and Device Management Solutions, a hosted SaaS platform that helps organizations in managing the selection, deployment, and spend of their wireless assets by helping them to save money on personnel and telecom expenses.
 
The company has a strategic partnership with Sprint Corporation to deliver IoT solutions for aviation, transportation, logistics, and manufacturing industry verticals.
 
Inseego Corp. was founded in 1996 and is headquartered in San Diego, California.

8. Hewlett Packard Enterprise Company

Market Cap: 12.336B

Stock Price: USD 9.59 (Check the latest price)

Headquarter: United States

Company Profile

Hewlett Packard Enterprise Company provides solutions that allow customers to capture, analyze, and act upon data from edge to cloud.

The company offers industry standard servers for multi-workload computing; mission-critical servers; storage solutions; and solutions for secondary workloads and traditional tape, storage networking, and disk products, such as HPE MSA and HPE XP.

It also provides mobility and Internet of Things solutions under the Aruba brand, which include wired and wireless local area network products, such as Wi-Fi access points, switches, routers, and sensors; software products, such as cloud-based management, network management, network access control, analytics and assurance, and location services; and professional and support services, as well as as-a-service and consumption models for the intelligent edge portfolio of products.

In addition, the company offers various flexible investment solutions, which comprise leasing, financing, IT consumption, and utility programs and asset management services for customers to facilitate unique technology deployment models and the acquisition of complete IT solutions, including hardware, software, and services from Hewlett Packard Enterprise and others.

Further, it invests in communications and media solutions, Hewlett Packard labs, and various business incubation projects.

The company serves commercial and large enterprise groups, business and public sector enterprises; and through various partners comprising resellers, distribution partners, original equipment manufacturers, independent software vendors, systems integrators, and advisory firms.

Hewlett Packard Enterprise Company was founded in 1939 and is headquartered in San Jose, California.

9. KT Corporation

Market Cap: 4.816B

Stock Price: USD 9.78 (Check the latest price)

Headquarter: South Korea

Company Profile

KT Corporation provides telecommunications services in Korea and internationally.

The company offers local, domestic long-distance, and international long-distance fixed-line and voice over Internet protocol fixed-line telephone services, as well as interconnection services; broadband Internet access service and other Internet-related services; and data communication services, such as leased line and broadband Internet connection services.

It also provides media and content services, including IPTV, satellite TV, TV home shopping, digital contents distribution, information and communication technology platform consulting, digital music streaming, and downloading and online advertising; and credit card processing and other financial services.

In addition, the company offers information technology and network services, and satellite services; sells handsets and miscellaneous telecommunications equipment; develops and sells residential units and commercial real estate; and rents real estate properties.

Further, it maintains public telephones; security, B2C and B2B, investment fund, software development and data processing, value added network, system integration and maintenance, mobile marketing, PCS distribution, satellite broadcasting, cloud system implementation, network installation and management, and data center development and related services.

Additionally, the company is involved in the Internet banking ASP and security solutions, residential building development and supply, sports group management, music contents investment, technology business finance, software development and supply, foreign investment, and electronic communication businesses.

As of December 31, 2019, the company served approximately 21,922,000 mobile subscribers and 8.4 million IPTV subscribers.

The company was formerly known as Korea Telecom Corp. and changed its name to KT Corporation in March 2002. KT Corporation was founded in 1981 and is headquartered in Seongnam, South Korea.

10. Sequans Communications S.A.

Market Cap: 184.039M

Stock Price: USD 6.08 (Check the latest price)

Headquarter: France

Company Profile

Sequans Communications S.A. develops and provides 5G and 4G chips and modules for massive, broadband, and critical Internet of Things (IoT) markets.

For 5G/4G massive IoT applications, the company provides a comprehensive product portfolio based on its flagship Monarch LTE-M/NB-IoT and Calliope Cat 1 chip platforms featuring low power consumption, a set of integrated functionalities, and deployment capability.

For 5G/4G broadband and critical IoT applications, Sequans Communications S.A. offers a product portfolio based on its Cassiopeia Cat 4/Cat 6 4G and high-end Taurus 5G chip platforms optimized for residential, enterprise, and industrial applications.

The company was founded in 2003 and is headquartered in Paris, France with additional offices in the United States, the United Kingdom, Israel, Hong Kong, Singapore, Taiwan, South Korea, and China.

By Henry John

I'm a Tech Stock Analyst, with focus on companies developing cutting-edge techs. Keeping track of cutting-edge techs, companies and stocks is what I do almost everyday. And I love it. Whether it's artificial intelligence, 5g, or autonomous vehicles; I'm all in.

6 replies on “10 Cheap 5G Stocks Under $10 and $5”

After the Covid-19 market crash in March, 2020, most of the 5G Stocks are soaring now. What is your take on Boingo (NASDAQ:WIFI)? It’s presently trading on $13.76. Should one buy it now?

Boingo Wireless is not a healthy 5g play at the moment. If you are looking for a healthy 5g play, I recommend Ericsson, Nokia and Qualcomm.
Like you noted after the Covid-19 market, many 5g stocks are soaring and Boingo Wireless is not in the ‘soaring’ bracket.

Thanks for reaching out Craig. Upon receiving your comment, I have worked on updating the article and it’s now up-to-date.

Do check out this article, where I explained how one can hedge the Ericsson 5g play with Nokia.

Again,Thank You so very much Henry.You have given me so much fabulous information, allowing me such great investment opportunities. And for free !!! I could never repay you for your generosity.But please Henry,accept my deepest heartfelt sincerest FOREVER Gratitude !!!
You’re not only a genius,but an incredibly great human being !!!

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