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

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