Stock Pays Out More and More
Earlier this month, I told you about one of the biggest
trends in the country: fifth generation mobile technology (“5G”).
The switch promises to boost Internet speeds 100-fold from
today’s levels. That could make a host of new technologies possible, such as
smart cities, self-driving cars, and the “Internet of Things.”
Verizon Communications Inc. (NYSE:VZ) CEO Lowell McAdam says
5G could spark America’s “fourth industrial revolution.” Some analysts predict
5G revenues could top more than $12.0 trillion per year worldwide. But even if
the market only ends up being a fraction of what the industry expects, the
prize here is still huge. (Source: “Verizon’s Lowell McAdam: 5G will usher in
the fourth industrial revolution,” CNBC, September 14, 2017.)
I told you the best way to invest is to buy companies
selling “picks and shovels” to the 5G gold rush. Some of these stocks have
already posted explosive gains. But if you’re sitting on the sidelines, it’s
not too late to get invested.
Last week, shares of American Tower Corp (NYSE:AMT) hit an
all-time high.
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