Getting in front of 5G and AI stocks

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Firstly, thanks for the early CNQ tip< Dan. I got a strong/early position at $12.75 in late March!

Now, I’m really interested in stocks related to Artificial Intelligence and 5G. I believe they are related for sure and want info on stocks that might be completing essential tech research and might pay out big over a 5-year period.

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Asked on May 19, 2020 2:02 pm
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Hey there!

Canadian Natural at $12.75 was definitely taking advantage of fears. After all the dust has settled, CNQ may be the only oil and gas producer I hold. I liked the fact they didn't cut the dividend. But, still lots of 2020 left and I'm cautiously optimistic.

5G is asked around here at least twice a week, and it's unfortunately the same answer every time. We just don't have any pure-play 5G companies here in Canada. However, we do have some large companies that have stakes in or are making developments towards 5G. They just don't have that "wow" factor in terms of return potential Attached.

These companies would be Telus, Sierra Wireless, Rogers Communications and Blackberry.

Telus and Rogers are currently developing or have finished developing 5G infrastructure. Telus is more of a pure-play cell phone company as it doesn't have any media segments like Rogers, so in my personal opinion I prefer them over Rogers. However, an investment in either provides strong exposure to the 5G industry in Canada.

Blackberry's software and systems like its in-vehicle entertainment systems would benefit from 5G, and the company could even develop new technology faster.

Sierra is currently making devices for machines to speak to each other more efficiently. Its demand for these devices is expected to increase in the next while.

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Posted by Dan Kent
Answered on May 19, 2020 4:29 pm