24/7 Wallstreet had this to say about Skyworks Solutions and the upcoming 5g movement:
Baird analysts also favor this one as they see them as a smartphone
content and infrastructure provider as well. Skyworks Solutions Inc.
(NASDAQ: SWKS) is the market leader in power amplifiers, front-end
modules and other radio frequency (RF) components for mobile devices
(handsets, smartphones, tablets) and communications infrastructure.
The company’s RF products are benefitting from a two to four
times content increase in front-end RF from the migration to
data-intensive 3G/4G smartphones from voice intensive 2G phones. And it
is expected to jump even more with 5G adoption. The company also has
benefited from an increased exposure to Apple products, and most on Wall
Street see the potential for further margin expansion.
The $125 Baird price target compares with a consensus target of $117.88 and the most recent close at $86.81 per share.