In this article, we discuss the 12 best communication stocks to buy today. If you want to read about some more communication stocks to buy today, go directly to 5 Best Communication Stocks To Buy Today.
The communications industry has grown from a sector that used to include just telecommunications, newspapers, magazines, books, and radio and television broadcasting to one that also encompasses the world of internet and software-as-a-service providers. On a global level, it is one of the biggest and most stable businesses. Over the past year, the incredible rise in demand for higher-speed networks, partially as a result of more businesses going digital, has resulted in huge fiber and wireless deployments.
As a new year beckons, there is an emerging set of issues and opportunities presented by a dynamic regulatory, technological, and competitive environment that may influence progress in the communications space. Per a report by research firm Deloitte, the biggest trends shaping the telecommunications industry are more competitive broadband markets and cybersecurity in the 5G era. The Economist Intelligence Unit claims that artificial intelligence will continue to develop after several breakthroughs in the area too.
These growth trends are also reflected in governmental policies. For example, the United States government recently passed a $1 trillion infrastructure bill that has earmarked over $65 billion for the upgradation of broadband networks across the country,…