Mike’s note: Due to the COVID-19 crisis, most people are working from home – and constantly using the internet. If you’re in this boat, you might’ve noticed a bit of a slowdown while you’re online…
Because of this, our colleague Jeff Brown thinks there’s a massive opportunity, right now, to place a stake in what may be the most important technology of the decade.
Read on for Jeff’s reasoning on why the use of this technology will soar long after the virus is gone… and click right here to join Jeff’s free Summit tomorrow at 8 p.m. ET, where he shares which specific stocks could double and triple your money as it all plays out…
By Jeff Brown, editor, Exponential Tech Investor
Numbers coming out confirm what we already knew to be the case…
COVID-19 is ushering in a societal change that is slowing down the internet.
This is great news for tech investors. More on that in a minute.
First, let’s look at what’s unfolding before our eyes…
Finnish telecommunications company Nokia is a global leader in 5G. It recently released data showing that most wireless networks around the world will see 30-45% growth in traffic over the next year.
But peak usage has already jumped 20-40%… over the past four weeks.
Business Is Booming
These numbers are beyond crazy.
It’s all because hundreds of millions of people, who used to work in an office, are staying home. p>
Videoconferencing traffic – for work and for socializing – has spiked 300%. Gaming traffic has exploded 400%. This is probably because millions of kids are staying home from school.
Network data traffic will more than double every 12 months if this persists. We’re talking about the definition of exponential growth.
It will overwhelm communications networks all over the world.
As a result, “cloud” data centers are building out additional infrastructure, as are wireless carriers.
The 27-member European Union (EU) has gone so far as to ask companies such as Netflix, Disney, Zoom, and Facebook to cut the quality of their video.
The EU hopes this will relieve some of the strain on its networks and free up bandwidth for healthcare and distance learning.
Bottom line: Business is booming for many technology companies right now.
Companies providing wireless services have seen a massive spike in demand.
Any companies making the products data centers use – wireless networks and 5G infrastructure – are getting slammed with new orders right now.
Sales are going up, not down. But their stocks have pulled back. That spells opportunity for savvy tech investors.
And guess what…
This shift to remote working and remote entertainment will have a lasting impact.
I predict we’ll see a second surge in COVID-19 cases in the fall. It won’t be as bad as the surge we are experiencing right now. But it will be enough to prompt many people to continue to work and play remotely.
We can expect these modified behaviors to persist through the 2020-21 winter in the Northern Hemisphere.
The bigger picture is that remote operations just make sense for certain industries.
The transition to a more remote-based workforce was inevitable. COVID-19 was just the catalyst.
We’ll continue to see elevated network use even after the virus is just a distant memory.
I know investing after the recent spate of extreme stock market volatility seems counterintuitive to some.
But as my colleagues and I here at Legacy Research have been preparing you for, crises like this one are also great opportunities to build your wealth. They give you the chance to pick up quality stocks at “bargain basement” prices.
And providing the company you invest in doesn’t go bust (which won’t happen with the in-demand 5G companies I’ve selected), the lower the price you pay for a stock, the higher your profits will be when you sell.
Make no mistake: The crowd is running scared. And I understand the urge to panic alongside everyone else. But I hope you stay rational instead.
The world needs increased bandwidth and 5G wireless network services now more than ever.
That’s why I’ve been preparing my readers by recommending best-of-breed 5G and cloud-based companies.
They are all trading at bargain valuations right now. To add these companies to your portfolio, go here now.
Jeff Brown, editor, Exponential Tech Investor
In Case You Missed It…
Already, Jeff Brown’s 5G picks have given his readers the chance to double and triple their money several times.
But now, he has three new recommendations that could make those gains seem small.
You’ll get more details during his State of 5G Summit – Wednesday, April 8th at 8 PM (ET).