The technology tsunami continues full speed ahead, which is why so many of the top Wall Street firms we cover here at 24/7 Wall St. remain overweight the sector in their asset allocation models for 2018 and beyond. With huge projects like 5G, Internet of Things, edge cloud and next-generation public safety driving spending over the course of the coming months and years, some top companies are poised to benefit big-time.

In a new research report, Deutsche Bank seeks to generate alpha by, as they put it, “Identifying major information technology spending and business model transitions at the early stage of the life cycle.” The firm has five top ideas now. The report noted this:

The IT spending transitions and related ideas that we highlight in this note are yet to be fully discovered in consensus expectations – making our Top Ideas fundamentally interesting and “investable” for both near-term and mid to longer term performance.

Cisco

This top mega-cap technology company recently reported an outstanding quarter. Cisco Systems Inc. (NASDAQ: CSCO) designs, manufactures and sells internet protocol (IP) based networking products and services related to the communications and information technology industry worldwide.

It provides switching products, including fixed-configuration and modular switches, and storage products that provide connectivity to end users, workstations, IP phones, wireless access points and servers, as well as next-generation network routing products that interconnect public and private wireline and mobile networks for mobile, data, voice and video applications.

Deutsche Bank is very positive on the company and said this in the research report:

Cisco is best positioned in our group – based on portfolio competencies such as Edge Computing Nodes, Industrial Grade Switches, Routers, Wireless, Security + Analytics Software Platforms – to capture a new stream of IT spending dollars utilized in the buildout of Edge Clouds. More specifically, we refer to Cisco selling product and services competencies in Edge Cloud Platforms. This is for rapid processing of low-latency data from a diverse range of Internet of Things end-points – i.e. Smartphones, Home Automation, Connected Cars, Smart Building and Manufacturing IT Sensors, etc.

Shareholders receive a 3.16% dividend. The Deutsche Bank target price for the shares is $55, and the Wall Street consensus target is $49.70. The stock closed Friday’s trading at $41.78.

Motorola Solutions

This stock has been on fire and Deutsche Bank feels more upside is possible. Motorola Solutions Inc. (NYSE: MSI) is a provider of communication infrastructure, devices, accessories, software and services. The company operates through two segments.

The Products segment has two product lines: Devices and Systems. The primary customers of the Products segment are government, public safety and first-responder agencies, municipalities and commercial and industrial customers operating private communications networks and manage a mobile workforce.

The Services segment provides a range of service offerings for government, public safety and commercial communication networks. This segment’s product lines include Integration services, Managed & Support services and Integrated Digital Enhanced Network.

The analysts noted this about the company’s prospects:

While the stock has rallied +30% since November, yet to be fully discovered in consensus expectations is the “multi-year” opportunity in HD and Cloud based Video Surveillance – i.e. a new +$11 billion total addressable market that is incremental to the company’s current +$21 billion market opportunity in LMR and LTE Public Safety Systems and Managed Services.

Shareholders receive a 1.72% dividend. Deutsche Bank has a $135 price objective, and the consensus target price is $125.64. The stock closed Friday at $120.77.