Share This Article

Facebook LinkedIn
Twitter Reddit
Print Email
Pinterest Gmail
Yahoo
Money Morning
×
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
  • Retire
    • Income Investing Guide
    • Retirement Articles
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
Login My Member Benefits Archives Research Your Team About Us FAQ
  • Invest
    • Best Stocks to Buy
    • Stock Forecasts
    • Stocks to Sell Now
    • Stock Market Predictions
    • Technology Stocks
    • Best REITs to Buy Now
    • IPO Stocks
    • Penny Stocks
    • Dividend Stocks
    • Cryptocurrencies
    • Cannabis Investing
    • Angel Investing
    ×
  • Trade
    • How to Trade Options
    • Best Trades to Make Now
    • Options Trading Strategies
    • Weekly Trade Recommendations
    ×
  • Retire
    • Income Investing Guide
    • Retirement Articles
    ×
  • More
    • Money Morning LIVE
    • Special Investing Reports
    • Our ELetters
    • Our Premium Services
    • Videos
    • Meet Our Experts
    • Profit Academy
    ×
  • Subscribe
Enter stock ticker or keyword
×
5 Ways to Beat the Fed (and Crush Inflation)

Email this Article

Send with mail | ahoo instead.
Required Needs to be a valid email
Required Needs to be a valid email
What Are the Top 5G Companies on the Market?
https://moneymorning.com/?p=1045011
Required Please enter the correct value.
Twitter
Stocks: AAPL, CSCO, MRVL, QCOM, SLAB, SWKS, XLNX

What Are the Top 5G Companies on the Market?

By Daniel Smoot, Associate Editor, Money Morning • May 16, 2019

View Comments

Start the conversation

Comment on This Story Click here to cancel reply.

Or to contact Money Morning Customer Service, click here.

Your email address will not be published. Required fields are marked *

Some HTML is OK

As the coming 5G revolution grows nearer every day, we've compiled a list of the top 5G companies on the market for investors to watch out for.

"5G" is the fifth generation of new wireless technology. And its speeds are as much as 100 times faster than current 4G networks. That kind of speed boost means we'll be able to connect multiple devices over vast distances with little effort.

In fact, this technology is a complete game changer for a variety of sectors. With companies developing 5G, we'll see a breakout in self-driving cars, AI medical diagnosis, wearable IoT devices, and virtual reality.

5G stocks have massive potential and will be the most innovative technology companies to hit the market since the creation of the Internet. 5G companies like Verizon Communications Inc. (NYSE: VZ) have already begun to completely redefine mobile networks in select cities like Houston and Chicago. But in the last year alone, 5G networks have sprouted up in at least 30 U.S. cities.

And these examples are only a percentage of what 5G will impact.

5G Revolution: This breakthrough technology is expected to unleash $12 TRILLION in new wealth... and one $6 stock could be better positioned than any other to skyrocket. Learn more.

MarketWatch says the 5G services market is already worth $21.53 billion. By 2023, it'll be valued around $85.84 billion. By 2025, ResearchandMarkets says that number will soar to $252 billion. That's a 1,070% increase from today's market value over the next six years.

So, retail investors who know what 5G technology companies to invest in stand to find themselves among the ranks of the new generation of millionaires.

Fortunately, Money Morning has already put in the legwork to find the top 5G chipmakers and 5G infrastructure companies for you to invest in.

We've got six of the best 5G stocks, including one that could bring you over 130% gains in just a year...

Top 5G Companies, No. 5: Marvell Technology

Our first company is Marvell Technology Group Ltd. (NASDAQ: MRVL).

MRVL is a 5G chipmaker for mobile devices. However, with its most recent $6 billion buyout of microchip creator Cavium, MRVL now has its hands in a variety of 5G markets like AI, hardware, cloud, and the automotive industry.

But beyond that, MRVL has a long-term deal with Samsung Electronics Co. Ltd. (OTCMKTS: SSNLF) for the development of 5G base stations.

Shares currently trade at $23.07, but the stock is forecast to go as high as $30. That's a potential 30.04% increase over the next 12 months.

Top 5G Companies, No. 4: Silicon Laboratories

Coming next, Silicon Laboratories Inc. (NASDAQ: SLAB) is another great 5G chipmaker.

SLAB works in a variety of 5G sectors including communications, industrial control products, and the automotive industry - producing computer chips for different machines like cell phones, automotive computers, and more.

Beyond that, four out the world's top five 5G infrastructure companies are already using the company's 5G chips.

Right now, shares trade for $99.96. But the company is expected to see a potential 30.05% increase to $130.

Top 5G Companies, No. 3: Qualcomm

Our next 5G chipmaker is Qualcomm Inc. (NASDAQ: QCOM).

QCOM makes 5G chips for major tech companies like Apple Inc. (NASDAQ: AAPL).

However, the company mostly makes money from its patents on 5G technology. Since 5G's high-speed connections rely on chips and the company is already supplying one of the only three U.S. companies to be valued at $1 trillion, this makes QCOM a real force in the 5G market.

QCOM shares currently trade at $83.38. But they're forecast to potentially spike up to $115. That's a possible 38% increase over the next year.

Top 5G Companies, No. 2: Xilinx

Xilinx Inc. (NASDAQ: XLNX) is yet another 5G chipmaker.

This company is the supplier of the parts on chips that tell circuits what they should do. That may sound small, but it's hugely important for all of our electronic devices.

For example, it's like the difference between your phone's power button and volume button. When you hit the power button, these devices tell the phone to turn on or off. When you hit your volume button, the same component signals whether it should go up or down.

More importantly, XLNX's chips are customizable, allowing users to tailor their functions to fit their individual needs. This means they'll be used in anything from virtual reality to speech recognition technology. And they'll get a big boost from 5G.

Shares currently trade for $108.88. But they're anticipated to jump to $160. That's a 47% increase within the year.

But the next stock offers 130% upside...

Join the conversation. Click here to jump to comments…

Daniel SmootDaniel Smoot

About the Author

Browse Daniel's articles | View Daniel's research services

Daniel Smoot is a Baltimore-based editor who helps everyday investors with stock recommendations and analysis. He regularly writes about initial public offerings, technology, and more. He earned a Bachelor's degree from Towson University.

… Read full bio

Login
guest
guest
4 Comments
Oldest
Newest Most Voted
Inline Feedbacks
View all comments
ronald
ronald
3 years ago

130% data?

0
Reply
Joan OBrien
Joan OBrien
3 years ago

Enjoyed the story but I'm extremely new at this. I've registered with many newsletters and joined a couple of firms but I'm still very much in the dark. I buy stock when I'm can but so far I'm still in the negative.

0
Reply
joe finley
joe finley
3 years ago

Sounds great !!

0
Reply
Wiesemann
Wiesemann
3 years ago

awsome interesting

0
Reply
LIVE
Visit Money Morning Live


Latest News

January 19, 2023 • By Money Morning Stock Research Team

These Stocks Could Go To $0

January 9, 2023 • By Money Morning Stock Research Team

The Government Is Pouring $391 Billion Into These Stocks - Buy Now

December 27, 2022 • By Money Morning Staff Reports

6 IPOs in 2023 You Can’t Afford to Miss
Trending Stories
ABOUT MONEY MORNING

Money Morning gives you access to a team of market experts with more than 250 years of combined investing experience – for free. Our experts – who have appeared on FOXBusiness, CNBC, NPR, and BloombergTV – deliver daily investing tips and stock picks, provide analysis with actions to take, and answer your biggest market questions. Our goal is to help our millions of e-newsletter subscribers and Moneymorning.com visitors become smarter, more confident investors.

QUICK LINKS
About Us COVID-19 Announcements How Money Morning Works FAQs Contact Us Search Article Archive Forgot Username/Password Archives Profit Academy Research Your Team Videos Text Messaging Terms of Use
FREE NEWSLETTERS
Total Wealth Research Power Profit Trades Profit Takeover This Is VWAP Penny Hawk Trading Today Midday Momentum Pump Up the Close
PREMIUM SERVICES
Money Map Press Home Money Map Report Fast Fortune Club Weekly Cash Clock Night Trader Microcurrency Trader Hyperdrive Portfolio Rocket Wealth Initiative Extreme Profit Hunters Profit Revolution Warlock's World Penny Nation Quantum Data Profits Live Trading Alliance Trade The Close Inside Money Trader Expiration Trader Vega Burst Trader Flashpoint Trader Darknet Hyper Momentum Trader

© 2023 Money Morning All Rights Reserved. Protected by copyright of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including the world wide web), of content from this webpage, in whole or in part, is strictly prohibited without the express written permission of Money Morning.

Address: 1125 N Charles St. | Baltimore, MD, 21201 | USA | Phone: 888.384.8339 | Disclaimer | Sitemap | Privacy Policy | Whitelist Us | Do Not Sell My Info

wpDiscuz