Keysight will let you tap 5G growth

Article Excerpt

KEYSIGHT TECHNOLOGIES INC., $103, is a buy. The company (New York symbol KEYS; Aggressive Growth Portfolio, Manufacturing & Industry sector; Shares o/s 188.2 million; Market cap: $19.4 billion; P-to-S ratio: 4.6; No dividend paid; TSINetwork Rating: Average; www.keysight.com) makes devices for testing electronic equipment. The company is teaming up with Chinese smartphone maker OPPO, The two firms will jointly operate a new laboratory in Shenzhen, China, that will help OPPO accelerate the development of new 5G (fifth generation) devices. These new systems could be as much as 100 times faster than current 4G (or LTE) networks. Keysight will also likely earn $4.58 a share in the fiscal year ending October 31, 2019. Its investors have seen gains of 65% in the past year, and the stock trades at a still reasonable 22.5 times that estimate. estimate…