The stock market hasn't seen a huge jolt in a while. But this could change with the introduction of 5G networks. Investors are looking to the top 5G stocks to buy in April 2019 for their next big pop.
These top 5G stocks will bank on the expansion of 5G networks, a revolution set to take off this year.
With speeds up to 20 times faster than 4G, 5G will transform the cellular industry. It will also revolutionize other industries that use products and services connected by wireless. That includes technology, healthcare, automotive, entertainment, manufacturing, and more.
5G will be our next step in pushing the boundaries of the Internet of Things (IoT). Systems will be able to communicate with each other more quickly, whether it's between a smartwatch and an autonomous car or between a doctor's tablet and a patient's heart monitor.
Autonomous cars will have more room to evolve on 5G networks, as they are really complex systems needing to communicate with other vehicles and sense traffic and road conditions. 5G capability will make autonomous cars more reliable, and it will allow manufacturers to fine-tune and innovate their product lines, adding new autonomous cars to the market.
That's just one of the sectors behind the profitability of 5G stocks.
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Devices that can sense blood sugar levels and other medical readings via wearables - and even ingestible products - are being developed for the medical field. 5G will make these seemingly sci-fi products a reality, able to sustain continuous readings of vital information like never before.
So 5G stocks will benefit the automotive industry, the medical industry, and various others to give the market its new boost.
Our top 5G stock to buy in April 2019 is set to lead the $1.3 trillion 5G market. In fact, 5G networks are nothing without its product.
Here's the best among all the top 5G stocks to buy in April 2019, whose price some analysts predict will explode 115% by the end of the year.
One of the Top 5G Stocks to Buy in April 2019
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One of our top picks is Skyworks Solutions Inc. (NASDAQ: SWKS).
Skyworks is a Massachusetts-based manufacturer of semiconductors. Semiconductors are what enable the improved connectivity brought by 5G - both exponentially higher speeds and volumes of data transmission.
Semiconductors are absolutely necessary for the 5G transformation. Any device with a computer chip embedded relies on semiconductors, because that's what is used to fabricate the chip itself.
Because 5G will require semiconductors for all-new 5G chips, Skyworks' revenue is expected to go through the roof.
This company's prospects look extremely positive in 2019, as 5G towers are going up across Europe and Asia, and the first in the United States as soon as April. There have already been scores of boxes perched throughout cities and towns, set up as connecting points for 5G networks. It's only a matter of time before they are up and running.
Which means you'll want to get in on Skyworks as soon as possible.
One of Skyworks' clients is none other than Apple Inc. (NASDAQ: AAPL). Forty-seven percent of the company's sales went to Apple in 2018, and a 5G revolution can only explode this number as Apple continues to expand its devices and services. Apple's next generation of phones, watches, and televisions will all employ new 5G chips, not to mention the autonomous vehicle it began developing in 2014.
The company raked in $918 million in profit last year, but that incredible profit could surge as 5G really takes flight after five years. Yearly earnings growth is projected to be 19.42%.
In support of the more optimistic price targets of 115%, the stock also has a price/earnings ratio of 12.92, compared to an industry ratio of 71.23. This means the stock is currently undervalued and has plenty of room to grow.
Skyworks is a top 5G stock to buy in April, but our experts are also digging deeper to find the stocks with the most upside potential...
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 we're willing to bet you didn't even notice.
Our Silicon Valley insider mapped out all the details in this report.