5G Rollouts and the Profits That Will Follow

Have you been phubbed by your kids recently?

Phubbing is short for being “phone snubbed” and it’s the fine art of pretending to be engaged with the person you’re with while actually being snubbed by them as they bury their nose into a mobile phone.

You know what I’m talking about — and it’s become a habit among the millennial and Gen Z crowd, including my two daughters.

Look, I get it. Texting plus social media apps like Facebook, Instagram, Snapchat and more can be very seductive.

Cellphones were designed to help us stay connected to the people in our lives, but they are, in actuality, disrupting our personal interactions.

And if this is a pet peeve of yours too, well, you ain’t seen nothing yet. It pains me to say, but the amount of phubbing is about to skyrocket!

Not because Generation Z and millennials are getting more oblivious, but because internet connectivity is about to hit warp speed, Star Trek style.

I’m talking about the soon-to-come 5G, or fifth-generation, wireless network technology.

  • 1G was analog cellular. Remember the big, brick-like cellphones of the ’80s?
  • 2G was the first generation of digital cellular phones. Remember Motorola flip phones?
  • 3G brought speeds from 200 kilobits to a few megabits per seconds and was the BlackBerry’s heyday
  • 4G increased speed to gigabit level and helped Apple Inc. sell hundreds of millions of iPhones.

5G is the next generation of wireless network technology and it’s a game-changer in that it will turbocharge connection speeds by as much as 100 times faster than current technology. Warp speed, Scotty!

More importantly for us, it provides a massive opportunity to profit on technology that’s poised to launch the world into the future once thought impossible.

Up 20% and Pays a HUGE Dividend

Today I want to talk AT&T. Thanks to the push into 5G and a few smart deals such as the one with DirecTV, AT&T shares are up over 20% on the year.

I don’t think we’re hitting peak gains with AT&T either, specifically for two reasons.

Looking at the chart, we can see shares have consolidated through September. As long as AT&T’s share value can maintain its recently established support at roughly $36, I see a bigger breakout potentially ahead.

And even if shares continue to consolidate, long term, thanks to 5G, I think AT&T will continue to grow and could push back toward 2016 highs around $46.

And while you wait for more gains, you can still profit from AT&T’s whopping 5.45% dividend yield and 34 years of continued dividend growth.

Bottom line: 5G will be a trend that mints millionaires. And AT&T could be one of the stocks those soon-to-be millionaires first jump on.

Here’s to growing your wealth,

Mike Burnick

Mike Burnick
Chief Income Expert, Mike Burnick’s Wealth Watch

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Mike Burnick

Mike Burnick is the editor of Mike Burnick’s Wealth Watch, Infinite Income, Amplified Income and Millionaire Moments. Mike has been bringing his trading strategies to the masses for over 30 years. He has been with Seven Figure Publishing since 2017. In 2018, the average return of Infinite Income beat the...

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