5g penny stocks

Best 5G Penny Stocks to Buy in January 2022 – Invest in the Future!

The following guide covers the Best 5G Penny Stocks to buy for the future.

The best 5G penny stocks on are GSAT, INS, ASX, VEON, and many others found in this list.

Similar to EV Penny Stocks, some of these options can be considered very Undervalued Stocks that could provide major returns long-term!

While Robinhood is the most used brokerage for trading 5G penny stocks, all of the stocks in this guide can be traded on any popular brokerage such as Vanguard, WeBull, Fidelity, TD Ameritrade, and others.

Prior to diving into the best 5G penny stocks, it’s important to understand what a penny stock is and the risks associated with investing in them. See our popular guide below.

What is a Penny Stock?

A penny stock is defined by Investopedia as the stock of a small company that trades for less than $5 per share.

what is a penny stock

Therefore, a 5G penny stock is a company whose stock trades for less than $5 per share and is involved in the telecom industry.

However, because the 5G space has been exploding in 2022, in this guide we have included stocks of popular telecom companies that are trading for less than $10 per share.

what is a 5g penny stock

In the past many classified penny stocks as company stocks that trade for less than $1.00 per share. This was later modified by the Securities and Exchange Commission (SEC).

Although all penny stocks listed below trade on huge exchanges like the New York Stock Exchange (NYSE), it’s important to note that most trade over the counter through the OTC Bulletin Board (OTCBB).

Many small businesses use their penny stocks as a way to access funding from retail investors.

Important: Before investing in penny stocks, it’s important to understand the risks and commonalities of penny stocks.

Investing in penny stocks is not a common trend among the world’s best investors. The greatest investors are known to hold broad market Index Funds for decades.

In fact, the best investors are actually dead:

Best Investors are Dead – Fidelity Study

Some of the main risks with investing in penny stocks include the following:

  • High volatility
  • Unproven businesses
  • Lack of liquidity
  • Targets for “pump and dumps”
  • Higher probability of bankruptcy and fraud
  • Limited company financial records

While there are several risks, it is still very possible for investors to make money from 5G penny stocks through share appreciation.

The same can also be said for promising companies who file for Initial Public Offerings (IPOs).

Best Upcoming IPOs

Some of the household companies today that were once penny stocks include Apple, Ford, Snap, Monster Beverage, Plug Power, and more.

Below you will find a complete list of the best 5G penny stocks.

 

Legal Disclaimer: All content on this website is for informational and educational purposes only. Those contributing to Wealthy Diligence are not licensed financial advisors, tax planners, real estate agents, or legal professionals. Each visitor shall be solely responsible for the decisions they make.

Best 5G Penny Stocks – January 2022

I recommend bookmarking this page to keep you up to date on the Best 5G Penny Stocks. This page is updated daily for your reference.

The following list was last updated on Wed, Jan, 26, 2022

As of this writing, all 5G penny stocks listed below are currently available for trading on Robinhood and other brokerages.

This is similar to our list of Best Silver Stocks and Best Sports Betting Stocks.

The 5G penny stocks below are ranked based on the following criteria:

  • Company outlook
  • Market Cap
  • Historical performance
  • Average Volume

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5g penny stocks globalstar

1. Globalstar (GSAT)

Globalstar (GSAT) tops our list of 5G penny stocks for several reasons. Globalstar is involved in the provision of mobile satellite services, making it a popular play among those interested in 5G.

This company’s market cap tops an impressive $2.47 billion and holds an average stock price between $1-1.70 in 2021.

globalstar 5g penny stocks

Market Cap: $2.47B

Average Volume: 5.30M

2. Inseego (INSG)

Inseego (INSG) is another well-known name in the 5G space. This company specializes in smart “device-to-cloud” solutions.

Inseego holds a market cap exceeding $1 billion and has returned over 400% for its investors over the past five years!

inseego stock

Market Cap: $1.06B

Average Volume: 1.41M

5g penny stocks ase technology

3. ASE Technology (ASX)

ASE Technology (ASX) is a Taiwan-based company that specializes in both testing and manufacturing semiconductor products.

This 5G company has an impressive market cap of over $20 billion and has yielded a return of over 23% since its IPO in 2018.

ase technology stock

Market Cap: $20.32B

Average Volume: 2.52M

5g penny stocks veon

4. Veon Ltd (VEON)

Veon Ltd (VEON) is a 5G holding company based in Amsterdam that specializes in the provision of connectivity and internet services.

Although this company has been down the past five years, they have been on the rise YTD and carries a market cap above $3 billion.

veon stock

Market Cap: $3.08B

Average Volume: 4.17M

ribbon communications

5. Ribbon Communications (RBBN)

Ribbon Communications (RBBN) is a telecom company specializing in the delivery of networking solutions to enterprises and infrastructure sectors.

This Texas-based company touts a market cap of over $1 billion and is up over 50% year to date (YTD) for its investors!

rbbn stock

Market Cap: $1.22B

Average Volume: 418.86K

5g penny stocks borqs technologies

6. Borqs Technologies (BRQS)

Borqs Technologies (BRQS) is a telecom/tech company specializing in the development of Android platform solutions and hardware products.

This company is based in China and carries a market cap above $94 million.

brqs stock

Market Cap: $94.43M

Average Volume: 5.97M

5g penny stocks utstarcom

7. UTStarcom (UTSI)

UTStarcom (UTSI) is a telecom infrastructure company that develops the technology for cloud-based services and mobile applications.

This Chinese-based company has a market cap of above $52 million and could be a good buying opportunity in the near future.

utstarcom stock

Market Cap: $52.12M

Average Volume: 33.02K

How to Find 5G Penny Stocks on Robinhood

Finding the best 5G penny stocks on Robinhood is a simple process we outline below. Follow these quick steps.

1. Sign up for a free Robinhood account – Click Here to Sign Up With Free Stock

2. Click the search bar on top and enter “telecom” or you can select the “telecom” option under Trending Lists.

How to Find 5G Penny Stocks on Robinhood

3. You are now able to see the most popular 5G stocks traded on Robinhood.

You are now able to see the most popular 5G stocks traded on Robinhood.

4. Next click the “Price” column to sort from lowest share price to highest. That’s it! You can now find the most popular 5G penny stocks.

Next click the "Price" column to sort from lowest share price to highest.

Overall, these are the best 5G penny stocks currently available. Always be sure to invest responsibly!

Refer to the video below for even more 5G penny stock ideas:

 

For more popular investment guides, see the links below.

Check out our most-read articles that have been visited by thousands of unique visitors.

Most Popular Articles – Wealthy Diligence

5G Penny Stocks FAQ

What are the best 5G Penny Stocks?

The best 5G penny stocks are GSAT, INS, ASX, VEON, and many others found in this list.

What is a 5G Penny Stock?

A 5G penny stock is the stock of a company in the telecom industry that trades for less than $5.00 per share.

What are the best 5G Penny Stocks Under $2.00?

The best 5G penny stocks under $2.00 are BRQS, VEON, GSAT, and others found in this guide.

Are 5G Penny Stocks a Good Investment?

Penny stocks have historically been very risky, volatile, and the companies behind them are unproven. While it is possible to make money from 5G penny stocks, there are several investment alternatives that have yielded higher returns in the past.