For many sectors in the market, 2019 is shaping up to be a real snoozer.
Broadly, stocks have recovered from the disastrous end to 2018. After dropping nearly 15% during December, the S&P 500 is now up nearly 10% to start 2019.
Despite the reversal, many questions remain.
Will the economy drift into recession? Will earnings grow or not?
Until those questions are answered, investors can expect a whole lot of "nothing" to happen for large segments of the market.
Right now, there is little volatility as most of the buying and selling comes from programmed passive investing strategies that rely on things just being stable.
The U.S. economy is on a positive, if boring, trajectory. Of course, it's not always easy to make money on "boring" if you're an investor.
Where's the sizzle in this market?
In the cellular world, that sizzle is coming in the form of 5G. It's the next generation of data transmission that will be truly transformational to not just the industry, but the entire economy.
By some estimates, the impact of the next generation of cellular technology is a $1.3 trillion opportunity.
Today, we'll show you three of the top 5G stocks at the heart of this incredible opportunity.
It's nearly impossible to overstate what the 5G revolution will mean for our society and economy.
Multiple industries will see a substantive boost in business from the improved transmission efficiency of 5G technology.
Front and center will be the continued evolution of autonomous driving.
Soon, cars and trucks will communicate with each other while navigating the roads, much like we already communicate with each other over smartphones.
The volume of data required for these vehicles to communicate with each other will be massive. Only 5G will be capable of handling the job.
It's hard to fathom the number of devices that will begin communicating with each other thanks to 5G technology.
How about ingestible personal health devices that monitor our body functions?
Actor Luke Perry passed away recently from a stroke. A device communicating with healthcare professionals may have saved his life, since time of response is of the essence in saving lives.
5G will lead numerous stocks to record profits. The size of the gains will be determined by the amount of risk taken.
Here are the details on the three best 5G stocks to buy in 2019...
Best 5G Stocks to Buy in 2019, No. 3
If you want to speculate on the arrival of 5G, but want to take less risk, I suggest looking at blue-chip technology stock Apple Inc. (NASDAQ: AAPL).
Rolling out 5G is going to take significant time and resources, both of which are readily available at Apple.
The upgrade cycle for phones with 5G capability is reason enough to buy Apple, but the real prize will be in what 5G means for things like streaming data to those new phones.
If you've ever wondered why Apple has not taken a more aggressive posture against Netflix, wonder no longer.
Apple has been waiting for 5G to mount its attack on the streaming king.
With 5G, Apple can show the world that Netflix is nothing more than the middle man. And in highly evolved industries, the middle man is often eliminated.
Some have speculated that Apple might buy Netflix.
With 5G, it won't need to waste valuable cash overpaying for an overvalued asset.
5G will allow Apple to destroy Netflix, and when that happens, Apple very well may attain a similarly rich valuation.
That makes buying Apple today - at a very low valuation in advance of 5G - an absolute steal.
Best 5G Stocks to Buy in 2019, No. 2
The second stock on our list is a little riskier but has much higher profit potential.
Nothing will be more critical to the 5G revolution than semiconductors.
Chips will be omnipresent in the interconnectivity of things.
Already, the use of semiconductors in autos is exploding. Imagine the growth that will come when 5G rolls out and autonomous driving becomes a reality.
According to the VQScore system, the chip stock to buy for 2019, then, is Micron Technology Inc. (NASDAQ: MU).
Wall Street doesn't get it.
Analysts expect both sales and profits at Micron to decline in the near term.
As a result, investors are in "wait and see" mode with MU stock.
Like almost every other stock in this market, Micron has traded lower, recovered some, and now sits perched in a precarious position. Shares could move higher or lower depending on macroeconomic outcomes going forward.
But that's a narrow view that ignores the potential of 5G and its massive future.
While sales at Micron may take a step back in the next year, with the integration of wireless technology into everything we touch and do, sales of semiconductors like those sold by Micron will explode.
The time to buy the stock is before that happens.
Now, this is the top 5G stock to buy now...
Best 5G Stocks to Buy in 2019, No. 1
The king of chip stocks in a world of interconnectivity has to be Skyworks Solutions Inc. (NASDAQ: SWKS).
The company is at the heart of the 5G revolution, already offering products in a number of key markets. And these markets will likely grow rapidly as 5G is adopted globally.
Taking the lead in 5G gives Skyworks a huge advantage over other competitors.
It also can mean more risk, as Skyworks is betting big-time on a 5G world. Should things not materialize as expected, sales and profits may be negatively impacted.
That is not the concern today.
Wall Street has Skyworks growing both profits and sales in the next year or two... before 5G even hits its stride.
With under $4 billion in sales in a market expected to generate over a trillion in opportunity, I would say the upside in Skyworks is pretty significant.
Given the turmoil in the market and in particular semiconductor stocks, Skyworks currently trades for a super low value of 12 times 2019 expected profits.
That is crazy, considering sales are growing at a double-digit clip per annum.
Shares of Skyworks could double in value or much more, making this the top 5G stock to own now...
5G Is Coming: The Breakthrough of the Century Could Rest on This $6 Stock
CNBC reports that this opportunity is worth $12.3 trillion... and it's gearing up to make an appearance all over America.
In fact, some of these devices are showing up right in your neighborhood - and I'm willing to bet you didn't even notice.
Our Silicon Valley insider mapped out all the details in this report.