Jim Cramer revisits his best action choices for the deployment of 5G

Jim Cramer, of CNBC, reviewed Monday the best actions to play the global launch of the new generation of wireless technology for years.

In February, he said Skyworks Solutions, Intel, Qualcomm, Broadcom and Xilinx were the five largest semiconductor companies that could benefit from building a 5G infrastructure. Nearly three months later, it re-evaluates their movements and offers an updated perspective for each stock.

"If you want to play the 5G rollout or any other age-old trend, you have to continue doing your homework," said the "Mad Money" host. "You have to keep looking for the right stocks, that's exactly why I'm trying to keep you up to date on this story."

Cramer has announced that the share price has jumped 69% since the start of its stay in Qualcomm in early February, thanks to a settlement recently reached with Apple. The agreement paved the way for Qualcomm, which is ready to lead the deployment of the 5G, to provide chips to the iPhone maker for the next six years, he said.

Cramer said the stock is still cheap, selling 15 times more than the profit forecast for next year.

"I like that, I think it's a catch, though," he said. "We must see what they have to say when the company publishes its report on Wednesday."

Cramer recommended Skyworks Solutions because of its high exposure to 5G. Although stock prices have been relatively stable since early February, it is expected that the demand for its radio frequency chips for connected devices will increase as phones adapt to 5G.

"I think it's a phenomenal long-term story, and the fact that the stock only sells for 12 times the estimated profits does not hurt," he said. "Skyworks reports Thursday night.I'm waiting for them to tell a good story, but if the company stumbles and the action is affected, [buy it]. "

Intel's stock price has risen more than 2% since the stock was recommended in early February, but there was a lot to dislike in its latest earnings call, Cramer said.

In addition, the company abandons its activities in the 5G.

"I think the competition eats them alive – the stock is not even so cheap," he said. "Pass hard."

While it's not pure play on 5G, Broadcom has some industry exposure and the company is doing pretty well following its latest earnings report released in March, Cramer said.

The action has risen more than 13% in less than three months.

"You do not buy Broadcom for its exposure to the 5G, which really does not begin to move the needle until next year or later," said the animator. "You buy it for [CEO] The trajectory history of Hock Tan and the incredible expansion of the margin that we are seeing now, thanks to its acquisition of CA [Technologies]. "

Over the past three months, Xilinx shares have grown less than 2.5%. Cramer said the programmable logic device manufacturer is a high-risk, highly-profitable stock that has been rolled on a roller coaster.

Shares peaked north of $ 141 per share last Wednesday and have since fallen to close $ 117.08 on Monday. Cramer explained that it was because Wall Street had turned sour his plans to buy Solarflare, a cloud-based data center software.

"It's attractive here, but if you own a wild merchant like Xilinx, you have to be ready to sell the rips and buy the declines," he said.

Outside the semiconductor space, Cramer also gave its opinion on two telecommunications equipment companies: Nokia and Ericsson.

He had previously favored Nokia from both. But since early February, Nokia shares have fallen by 12%, partly because of a report on mixed profits and confidentiality issues, he said.

Ericsson, by contrast, grew by more than 13% over the same period. The telecom software maker is performing better, Cramer said.

Nokia is trading at 13 times earnings estimates next year and is posting a 4.2% return, he said. Ericsson, in this case, is trading 18 times more than next year 's profit estimates.

"If you want the best, Ericsson is the solution," he said. "And if you want a stock of value that pays a good dividend, Nokia is the solution, I expect a rising tide of 5G to lift both boats."

Disclosure: The Cramer Charitable Trust holds shares in Apple.