Alright, alright… It's J-Rod here.

And welcome back to Stocks That Rock!

Each week, I turn up the volume on a breakout stock that will make your retirement account sing.

Today, I'm going to show you how a tiny tech company could hand you a 30% profit as fast 5G internet finally takes hold.

Click the video below to get started!

Video Notes:

You probably already know that 5G — the next level up of wireless internet — has been rolling out for the last two years.

Well thanks to COVID, you've probably been stuck in your house for the last year.

And you, like most people, probably didn't need blazing-fast mobile internet.

As a result of low demand and locked down workers, telecom companies had to slow down the 5G rollout.

Well...

Now you, along with several hundred million Americans, have finally broken out of COVID jail. And you're ready to party with all your mobile devices!

Global 5G subscriptions are expected to triple in 2021, according to Statista. So wireless companies are scrambling to meet surging 5G demand.

And any company that can help speed up the rollout stands to make crazy money.

Today's stock that rocks is a leader in cutting-edge wireless network technology — and one of my favorite names in the space...

Viavi Technologies Inc. (VIAV).

The firm makes high-end 5G network testing and monitoring equipment, helping companies test out their cloud software apps.

In addition, the company's optical unit is giving sight to electric cars that drive themselves with its 3D sensing camera technology...

Which is basically the same magic that creates emojis of your face from a picture or live video.

Without these 3D cameras, driverless cars wouldn't be able to see.

Here are the two things I love about this stock right now...

For starters, it just broke out and its rally is just getting started.

Take a look at this chart...

As you can see, Viavi just broke above $17 after two unsuccessful tries earlier this year.

Here's why the stock popped...

The company's TeraVM Tester has just become the first O-RAN Central Unit test solution on Amazon Web Services' network.

And since the news broke, shares have barely looked back since.

My near-term price target on the stock is $20.

Which is the stock's 2021 trading range of $2.50 added to the breakout.

That gives you an upside of around 13% from the stock's current level.

Better still, over the next few months...

I see this stock heading to $22.50.

Here's how...

If you take the stock's one-year trading range of $5.50 (the distance from the $17 top to the $11.50 bottom) and add that to the breakout...

That gives you an upside of nearly 30% from where shares trade now!

Not bad, right?

The second thing I love about VIAVI is that it's on sale!

With the 5G rollout on pause because of the pandemic...

Viavi underperformed the market for much of last year.

But now, the Nasdaq which has soared over that time, trades at a whopping 32 times forward earnings.

Which means you're paying about $28 for every $1 of earnings.

Viavi, on the other hand, trades at just 21 times forward earnings.

That's a discount of at least 30% to the broader tech market.

So in Viavi…

You've got a key company in the rollout of 5G internet as well as self-driving cars.

And you’ve got a surging tech stock trading at a significant discount to the market — which is rare in itself.

If you ask me, this is too good a summer sale to pass up!

Well, that's all for today...

As always, if you enjoyed today's video, make sure you hit the like button...

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So you don't miss out on any of these fast-moving stories.

Thanks again for watching.

And for Rich Retirement TV, I'm J-Rod and I'll see you next week!

On the Hunt

Jonathan Rodriguez