Here are five stocks to own for the 5G network buildout

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$AAPL has finally rolled out 5G iPhones, coming after a multiyear effort to build actual working 5G networks. What stocks will be worth it? Jamie Cuellar, who co-manages the Buffalo Small Cap Fund, has five recommendations:

Apple has finally rolled out 5G iPhones. This points to a multiyear effort to build actual working 5G networks. You might think the best way to play this trend is to focus on the largest network infrastructure players, but some smaller companies can be very rewarding for investors.

Here are five small-cap companies that Cuellar believes are primed to take advantages of “a good multiyear spending environment” for 5G network construction, sorted alphabetically. Scroll the table at the bottom to see all the data.All five stocks are held by the Buffalo Small Cap Fund, which is rated four stars by Morningstar. Only two of the five are expected to show higher sales for all of 2020, while three achieved double-digit increases last year.

Ciena Ciena Corp. CIEN, +0.93% operates optical networks, and Cuellar believes the company is another beneficiary of a global move away from Huawei.

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Way way too expensive!

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