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Is Apple a 5G stock?

Apple ( AAPL) remains one 5G stock in the consumer space to watch amid the expected 2024 rollout of Vision Pro mixed-reality headsets. AAPL stock surged 48% in 2023. In 2023, Qualcomm ( QCOM) announced a new chip supply agreement with Apple that covers all iPhones through 2026. A prior deal was set to end with the 2024 iPhone launch.

Will 5G revenue make a significant impact in 2024?

Heading into 2024, investors are still waiting for 5G revenue streams to make a significant impact for AT&T ( T ), Verizon Communications ( VZ) and T-Mobile US ( TMUS ). In 2023, TMUS stock climbed 14% but still underperformed vs. the S&P 500. It rose 24%. VZ stock fell 4%. T stock tumbled 9%. 5G Stocks: Broadband Only Revenue Driver?

Should you buy 5G stocks in 2024?

Picking the best 5G stocks has proved challenging since wireless service providers began rolling out 5G wireless services over five years ago. Heading into 2024, investors are still waiting for 5G revenue streams to make a significant impact for AT&T ( T ), Verizon Communications ( VZ) and T-Mobile US ( TMUS ).

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