This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

Google Nexus 5 Leaked: 4 Stocks To Watch Instead

Chris Lau, Kapitall: It’s getting harder every day for tech giants like Google to keep their upcoming products under wraps.

If a leaked manual for Google’s (GOOG) Nexus 5 is true, then the Android system is set to raise its market share dominance worldwide. While Google, whose omnipresent tactics may or may not have anticipated the leak, they are not the only company to consider now.

[Read more from Kapitall: Stocks to Watch as GTA 5 Online Stalls]

If the Nexus 5 release is more successful this time around, there are at least four companies that could benefit when the smartphone is unveiled on October 14.

Click on the interactive charts below to see data over time. Sourced from Zacks Investment Research. 

Previous Nexus releases tepid

Google released the Nexus 4 last year, but the significance of the announcement was lost after Hurricane Sandy devastated New York City. Google even had to cancel the unveiling last year.

But when the device was made available at Google Play, it was sold out very quickly. By September, Google reduced the price of the device to just $199, setting the stage for expectations of a Nexus 5 release.

Google Nexus 5 Specifications

The leaked manual suggests that the Nexus 5, made by LG Electronics (LPL), will have the following specifications:

  • 5.0-inch, 1920 X 1080 1080p IPS LCD display
  • 16 and 32GB internal storage  
  • 2GB RAM
  • Qualcomm (QCOM) 2.3GHz quad-core Snapdragon 800 processor
  • 8MP rear camera with optical image stabilizer and 1.3MP front camera
  • 2300mAh battery
  • NFC, notification light and wireless charging

Other names to consider

NXP Semiconductor (NXPI) could be the NFC chip supplier. NXP is trading at a yearly high, but it is still a company to watch. Valued at a forward P/E of just 12, NXP Semiconductor is a dominant supplier of secure microcontroller chips used to enable payments, as well as for government identity cards. The company reached a milestone recently, shipping 2 billion chips in total.

Qualcomm trades at a high, but perhaps justified, forward P/E of 15. Qualcomm has a lead in the modems used in smartphones. Strong iPhone sales can already benefit Qualcomm, but if Nexus 5 sales are healthy, it would help the chip giant retain strong quarterly growth.

LG was selected to manufacture the Nexus 4. Its shares remain in a downward trend, partly because LG Display’s fortunes depend on the weak LCD TV market. Still, LG is developing flexible displays for smartphones, and it is thought this may happen at the mass production level.

Finally, beaten down OmniVision (OVTI) could be the sensor supplier for the Nexus 5 camera. The OV8850 is an 8-megapixel sensor made with 1.1-micron technology. OmniVision already supplied the camera sensor for Google’s 10.5 megapixel Clear Pixel camera on the Moto X.

What’s next is anyone’s guess. 

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG

Markets

DOW 17,712.66 +34.43 0.19%
S&P 500 2,061.02 +4.87 0.24%
NASDAQ 4,891.2190 +27.8570 0.57%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs