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Furthermore, governments globally have been heavily investing in 5G, given its growing importance in autonomous driving and telemedicine. Indeed, the $1.2 trillion infrastructure bill passed by the Senate on August 10 has proposed a $65 billion spending for fast and reliable broadband infrastructure, affordability, and adoption.
Against this backdrop, we think it could be wise to bet on quality 5G stocks Viavi Solutions Inc. (VIAV) and NetScout Systems, Inc. (NTCT). Both stocks have overall A (Strong Buy) ratings in our proprietary POWR Ratings system.
