Three stocks that should profit from the dash for digital growth

Professional investor Christopher Versace of the Digital Infrastructure and Connectivity UCITS ETF picks three digital growth stocks to buy now.

Devices such as smartphones, tablets, or wearables and technologies including streaming, navigation and gaming are all possible thanks to global networks and the chips that connect devices to them. Without them, our devices are expensive paperweights. Faster data speeds, lower latency (the delay in getting data to its destination across a network) and more connected devices are driving new and improved applications, along with greater data creation and consumption. They are also fuelling the need to expand and ultimately upgrade existing networks.

The Digital Infrastructure and Connectivity UCITS ETF provides exposure to the companies facilitating today’s digital infrastructure. It features technologies such as 4G and 5G mobile-network connectivity, gigabit broadband, and the next generation of connective systems. The key subsectors in the ETF include data centres, networking equipment and related hardware, and companies focused on intellectual property. These areas are all prime beneficiaries of the surge in digital-infrastructure spending.

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Christopher Versace

Christopher Versace is index creator for the Digital Infrastructure and Connectivity UCITS ETF