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 | >#P | LOCK|h<D | $14B | ||
| American Tower Corp
AMT
| Real Estate | %?> | LOCK|#!Pt | $85B | ||
| Arista Networks Inc
ANET
| Technology | FyS | LOCK|<^& | $236B | ||
| Belden Inc
BDC
| Technology | LOCK|!.K$H@zg | LOCK|^JHDf | $4B | ||
| Broadcom Inc
AVGO
| Technology | LOCK|Xv | LOCK|$n | $2T | ||
| Ciena Corp
CIEN
| Technology | N&f | LOCK|J!g^> | $50B | ||
| Cloudflare Inc
NET
| Technology | LOCK|w# | LOCK|x% | $117B | ||
| Crown Castle Inc
CCI
| Real Estate | LOCK|mt | LOCK|Z^X% | $37B | ||
| Datadog Inc Class A
DDOG
| Technology | LOCK|Q$ | LOCK|#V | $101B | ||
| Diodes Inc
DIOD
| Technology | LOCK|.^h@w%s& | LOCK|DNC<x | $4B | ||
| Dynatrace Inc Ordinary Shares
DT
| Technology | $X | LOCK|T@$<t | $18B | ||
| Elastic NV
ESTC
| Technology | LOCK|.TJ@c^ | LOCK|r# | $11B | ||
| Everpure Inc Class A
P
| Technology | LOCK|p.R&GB!H%b | LOCK|TyJd | $46B | ||
| Intel Corp
INTC
| Technology | L$# | LOCK|xmC | $496B | ||
| Lumentum Holdings Inc
LITE
| Technology | LOCK|B> | LOCK|zFxF | $78B | ||
| MACOM Technology Solutions Holdings Inc
MTSI
| Technology | LOCK|F.##Py>! | LOCK|&f | $20B | ||
| Micron Technology Inc
MU
| Technology | !Y> | LOCK|T!M | $1T | ||
| Nutanix Inc Class A
NTNX
| Technology | LOCK|.NcXn^g | LOCK|%t%c% | $20B | ||
| NVIDIA Corp
NVDA
| Technology | wMW | LOCK|^B | $5T | ||
| Qualcomm Inc
QCOM
| Technology | LOCK|<F | LOCK|^%J&? | $197B | ||
| SBA Communications Corp Class A
SBAC
| Real Estate | &lC | LOCK|T%c$ | $20B | ||
| Seagate Technology Holdings PLC
STX
| Technology | LOCK|%k | LOCK|#^ | $154B | ||
| SiTime Corp Ordinary Shares
SITM
| Technology | LOCK|<.C?#?<^dL | LOCK|X<m< | $15B | ||
| Skyworks Solutions Inc
SWKS
| Technology | M# | LOCK|VY% | $20B | ||
| Teradata Corp
TDC
| Technology | LOCK|.v#nFGB | LOCK|MF^ | $3B |