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These 3 5G Stocks Are Must-Watch Names, Say Top Analysts

Let’s take a short break from the election drama, and look at 5G. The new wave in networking technology, 5G has sparked an ongoing revolution in the way wireless connections are made. The new network systems offer far higher speeds, much lower latency, and greater data capacity than existing 4G networks, and the implications for high-tech are enormous. Internet of Things, autonomous cars, teledoctor facilities, streaming on demand – all of these segments look to gain from 5G, alongside ordinary cellular and mobile technology.With so many changes in the offing, it’s a cinch that some companies in 5G-related sectors are going to come out on the winning end – and they are likely to be those with direct exposure to 5G, and the ability to capitalize on one or more networking segments: from semiconductor chips, to mobile service, to connection hardware, there are plenty of opportunities in 5G for companies with the requisite skills and products.Turning to the TipRanks database, we’ve pulled up the latest on three stocks that some of Wall Street’s top analysts – stock experts with 4- and 5-star ratings – have tapped for gains in the growing 5G environment. These are companies that meet the profile above, and offer investors the prospect of strong returns.Skyworks Solutions (SWKS)We’ll start in the semiconductor chip industry, where Skyworks is a player with a successful niche. The company is closely tied to Apple (AAPL), drawing as much as 51% of its annual revenues by supplying chips to the device-making giant – and with Apple’s recent release of the 5G-capable iPhone 12, Skyworks sees the potential for steady, and profitable, sales over the next several years as up to 300 million installed iPhone users replace or upgrade their devices.Apple isn’t

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