5G concepts are performing well. Who will become the best among the strong?

On Monday, the two markets showed a weak and volatile pattern. The chip concept market had a collective correction due to its previous large gains. The 5G concept took the lead and continued to advance. Although it later fell back due to the influence of the market, it did not affect the surge of its leading stocks. What exactly is the reason supporting the outbreak of the 5G concept? How to tap into the opportunities, let Wabaojun answer them one by one for you:

First of all, under the influence of the US "ban" on ZTE, my country's chip industry has received unprecedented attention. Alibaba responded directly by acquiring Zhongtian Microsystems Co., Ltd. and entering the chip industry. This also led to the rise of the previous market in the chip industry. However, as the market hotspots shifted, the market needed the rise of another high-tech hotspot. At this time, Wen Ku, Director of the Information and Communications Development Department of the Ministry of Industry and Information Technology, stated at the first Digital China Construction Summit held on the 22nd that 5G mobile phones would be available as early as the second half of 2019, which also made the 5G concept successfully take over.

In addition, Wang Donglin's team from the Institute of Automation of the Chinese Academy of Sciences recently officially announced that it has developed 5G communication equipment with independent intellectual property rights after nine years of development. It is at the international leading level in computing power and performance-power consumption ratio, which has enhanced my country's confidence in the 5G field.

[[226950]]

So which 5G stocks will become industry leaders and deserve your attention?

Next, let’s take a look at the first quarter results of 5G concepts and explore the value stocks:

Among the 13 companies that have announced their first quarter reports, we can find that four of them have net profits attributable to parent company shareholders of more than 300%. The hot concepts and explosive performance are enough to make them come into our sight and make us shine in the following market.