Starting this year, nearly every smartphone, tablet and laptop will need chips that comply with the new ultrafast cellular platform, 5G wireless.
And I’m happy to report that, right on schedule we have a new catalyst. And it’s a big one.
As a group, US wireless carriers just spent a record $80.9 billion for access to a critical 5G wavelength. These wavelengths that were up for grabs in this auction are the exact right kind for setting up 5G service
To make it clear just how much these companies are willing to spend for a chance to be a part of this buildout, it’s worth pointing out that the previous record for this kind of auction was only a bit more than half of this sale.
Not only that, but the amount of money spent on this spectrum is as much as four times the amount that was projected to be spent on it last summer.
These companies are so eager to spend big bucks for access to this spectrum because they foresee the massive profits to be made in 5G wireless.
And one way that 5G will create these profits will be by serving as a huge catalyst for semiconductor sales this year.
Today, I want to reveal a high-octane chip leader set up to score huge 5G wins and could double its earnings in 2.5 years…
When it comes to moving packages, FedEx Corp. (FDX) isn’t willing to stay stuck in the 20th century.
Their largest shipping hub is a marvel of modern robotics. Every day, it takes in 1.4 million parcels, and, with automation technology, can have each one of them ready to ship out again in only 15 minutes.
This cutting-edge facility is even capable of sorting out half a million packages in just one hour. It’s that technology that makes FedEx willing to offer shipping between New York City and Los Angeles in less than 24 hours.
That’s a distance of nearly 2,500 miles covered in just one night. Back during the mid-1800s, it took ten days to send a message by Pony Express over a shorter route.
But this high-tech miracle doesn’t plan on stopping with FedEx. The same robotics technology that makes this possible is coming right to American homes.
No wonder the sector is on pace to have a value of $158 billion.
I’ve identified a small-cap leader that is a great pure play on this growing field.
Let’s have a look at why it’s on pace to double in value in three years…