The best replacement for hx5 is zs7.

The best alternatives to hx5 are rated as following:
★★★★★  zs7
★★★  h55
★★★  hx7
★★★  hs23
★★★  tz10
★★  hx5v
★★  tx7
★★  hs22
★  sx210
★  hx1
★  panasonic zs7
★  canon sx210

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Google Trends

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hx5
zs7
h55