What Are the Top 5G Companies on the Market?

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.

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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...

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Top 5G Companies, No. 1: Skyworks Solutions Inc.

Our next company is Skyworks Solutions Inc. (NASDAQ: SWKS).

This company is another chipmaker that makes special chips for cell phones to connect to 5G wireless networks. But its technology already plays a pivotal role in the wireless industry.

This company's products are already in high demand, but with 5G inching closer, the company will be able to make even more money.

During the 3G era, SWKS made $8 for every cell phone. When 4G rolled around, the company's prices skyrocketed 125% to $18 per cell phone. In fact, 80% of all Apple iPhone devices have SWKS chips in them.

Once 5G fully arrives, it's expected to see another 38% jump to $25 per phone. That'll be huge once phone makers start making all of their phones 5G-capable.

Shares currently trade for $74.91, but they're expected to soar as high as $173. That's a whopping potential 131% increase over the next year.

5G chipmakers like the ones we listed above are already an integral part of the wireless tech industry. As 5G spreads across the world and we fully transition to 5G, the demand for these chips will skyrocket.

This is because 5G's unheard-of speeds and real-time data sharing relies on the most advanced chips out there. So, as we inch ever closer to 2020, 5G hardware and software will see incredible growth.

While all of these chipmakers stand to make double- or even triple-digit profits, this one 5G company stands above the rest.

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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.

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About the Author

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.

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