Three 5G Stocks Analysts Say Buy!! Primed for Growth as 5G EXPLODES!!

check over here , it is julie here with jt wealth. In today's video we are discussing three stocks that could really take off, as the demand for 5g technology continues to grow. So, let's get into it all right guys. Welcome back, and thank you so much for being here. Like i said today, we are taking a look at three stocks that the 5g revolution could send higher. So in today's video we're going to take a look at these three companies and how they're related to 5g technology and what analysts are predicting for their future and just before we get into those three companies. This is your friendly reminder that if you enjoy today's video make sure you hit that thumbs up button and leave your thoughts in the comments down below. Also, don't forget to check out some of the great links in our description, including a link to my favorite resource tip ranks. They have a fantastic free plan, but the ultimate in premium will come with some really great perks. So if you're thinking of signing up make sure you use that link to let them know that i sent you okay. Now, let's get right into these 5g companies and the first on the list today is skywork solutions. They trade under the ticker swks and are currently 180 per share. Now these guys also pay a dividend and have a yield of 1.11 skyworks works to connect everyone and everything and are an innovator of high performance. Analog semiconductors and skyworks is actually one of the main chip suppliers for apple skyworks believes that 5g will be a global economic engine, and the real significance of 5g goes well beyond simply making the mobile communications experience better by increasing reliability, adding new features and enhancing data Rates it opens up a huge market for new and transformative applications, and the business potential is enormous. Many experts believe that 5g will power. The next industrial revolution in 2035 5g will enable 12.3 trillion dollars of global economic output. This figure is larger than the value of today's entire mobile value chain. Now smartphones are predicted to account for the majority of 5g adoption, but the 5g technology can also support the tens of billions of connected devices. Smart objects and embedded sensors expected to come online in the coming years, as the internet of things becomes a reality. Skyworks is uniquely positioned to capitalize on the immense 5g opportunity as their trusted technology leader executing across multiple wireless transitions. Now they are strategically positioned with world-class scale and technological depth plus boast a highly profitable financial model with superior returns, and we just saw evidence of that highly profitable model, as the company recently announced 3.4 billion dollars in total revenue for the year of 2020.. Now their top line actually saw 1.51 billion dollars, which was a company record and also beat analyst expectations, and it actually beat those analysts expectations by 60, which was the most substantial earnings beat for skyworks in recent history. Now the 5g upgrade super cycle is expected to play out over the next three years, so it's reasonable to assume that we are still in the very early stages of this macroeconomic development. Apple has already raised its forecast for smartphone sales in 2021 because of the strong demand for its first ever 5g device, and this is promising news for skyworks investors covering the skyworks stock for benchmark is 5 star analyst reuben roy who said skyworks significantly beat consensus, estimates And provided march quarter guidance that is also well ahead of consensus estimates as 5g related mobile revenue and broad-based segment revenue continue to accelerate. In addition to continued strength of design, win momentum and customer activity, we are encouraged with skyworks, confident tone relative to overall demand environment and content increase opportunities. Reuben rates the stock a buy with a 215 dollar price target, which would imply growth of about 20 over the next year, and there are 19 other analysts that have ratings on the skyworks stock and it comes in as a moderate, buy with 13 buy ratings and Seven holds the average price target being just above 205 dollars for about a 13.7 percent potential upside over the next year and most of those ratings come within the last week or so after their recent earnings report, and we have a lot of five star analysts on Here, our lowest price target is the one hold rating for 170 dollars, which would be a downside of about six percent, but our highest rating comes from five-star analyst at needham for 245 dollars, which would actually be over a 35 potential upside. The second 5g related company that we're taking a look at today is corvo. They trade under the ticker qrvo and are currently at 166 dollars per share. Corvo brings core technologies and radio frequency solutions to mobile infrastructure, defense, aerospace and internet of things markets, and they are driven by the possibility of discovery of new technologies and advancements in design, manufacturing and communications. That will make the world a better, more connected place and they've been working on that for more than 30 years. Looking at the numbers, there are over 8 000 corvo employees and 17 different countries around the world and there's over one and a half billion mobile devices containing a corvo products and their corvo products have traveled 3 billion miles. This chip maker has a solid niche, but it is not resting on its laurels. Corvo is actively developing a range of new products, specifically for the 5g systems and deployment. This 5g radio frequency product portfolio includes phase shifters switches and integrated modules and contain both infrastructure and mobile products. On their most recent earnings report, the revenue for corvo's fiscal 2021 third quarter was 1.1 billion dollars, with a gross margin of 49.1 percent. An operating income of 299 million, their ceo said that corvo delivered an exceptional quarter, helping our customers keep the world connected through the deployment of 5g, the rollout of wi-fi 6 and 6e and emerging technologies like precision, location, ultra wideband. We are sustaining technology leadership in these markets and innovating in new ones, including biotechnologies, covering the corvo stock for needham is five-star analyst rajvindra gill, who says corvo reported strong sales and gross margins, as 5g momentum rolls into 2021 on a typical seasonality. The company is planning for 500 million 5g handsets to be manufactured in 2021, with an incremental five to seven dollars of content per unit from 4g to 5g management believes that ultra wideband adoption will be a key growth driver in smartphones going forward with that he rates The stock a buy with a 220 dollar price target, which would be a 31 potential upside in 2021, and there are 17 analyst ratings altogether and it comes in as a moderate buy, with 12 buy ratings and 5 holds. The average price target is 197 dollars and 25 cents for about an 18 potential upside and those ratings come from some very well rated analysts themselves, as we have a lot of five stars on the list here. Even our hold ratings are still at a higher price point and have room for about five percent growth. The highest price target is 225 dollars from cohen and company, and that's a 35 potential growth and the third 5g company that we're taking a look at today. I'M going to refer to as ericsson as the full name is a bit of a mouthful and that would be telephonicty bolaje l m ericsson, which trades under the ticker eric er, ic and trades for just 13.22 cents per share, and they do also pay a dividend. At a 0.61 yield ericsson, which is a swedish telecom giant, has long been a leader in mobile tech and is well known for its infrastructure and software that make possible ip networking, broadband cable, tv and other telecom services. Ericsson is the largest european telecom company and the largest 2g 3g and 4g infrastructure provider outside of china, but that is all in the background. Ericsson is also a leader in the rollout of europe's growing 5g networks, they're involved in 5g rollout in 17 countries in europe. The americas and asia and its product line includes infrastructure-based units and handsets giving the company an interest in all aspects of the new 5g networks. Ericsson also had an earnings report last week where they beat analyst expectations, as they reported 11 billion. Swedish crowns for 1.32 billion dollars for the final three months of 2020, which crushed expectations of around 8.7 billion crowns, the company's improvement in operating margins and acceleration of profitability was the standout aspect from the results. Their operating margin in 2020 was 12 and a half percent. A significant improvement from 5 in 2019 covering the stock for raymond james, is analyst simon leopold. It said that japan's awaited 5g rollout has started and share gains continue as ericsson benefits from challenges facing its biggest competitors and more operators embrace 5g. It seems obvious that erickson should be gaining market share. Competitor nokia shunned the chinese 5g projects citing profitability challenges, yet ericsson appears to be profiting in the challenging region. He rates the stock a buy with a 15 price target which would imply growth of about 14 over the next year, but there are four other analysts with ratings on the stock, who seem a bit more optimistic. It comes in as a strong buy, with five buy ratings and an average price target of sixteen dollars and fifty, which would be nearly a 25 potential growth and those higher ratings, come from goldman sachs and cohen and co at 17 and 17 and 50 cents. For a 28 to 32 potential growth, so there we have three companies all related to 5g technologies with some promising growth in their future. Now, of course, i always love hearing from you guys so make sure to leave your thoughts on these three companies or what other 5g related companies you think could really take off in the coming years. Keep in mind that these videos are never a suggestion to buy or sell any specific stock and are just meant for information and entertainment purposes. Any investment decision needs to be made based on your own research and due diligence. If you made it all the way to the end of today's video make sure you hit that thumbs up button and that you're subscribed to the channel as well. Thank you guys so much for watching. wikipedia reference hope you have a fantastic day and cheers you