Why Universal Display Still Has Plenty of Room to Run
Universal Display is a company with a lot of potential disruptive power. It owns patents to the new OLED display technology, and many investors are looking to the smartphone and tablet space for where this technology is going to take off first. In this video, Motley Fool tech and telecom analyst Andrew Tonner highlights a conference call from Cowen, saying that Samsung will begin producing full HD AMOLED displays this month for use in its next version of the Galaxy 5 phone. This sent shares of Universal Display up by more than 10%. Andrew tells us why he thinks the stock can go much further in the long run.
Universal Display has a powerful patent portfolio behind OLEDs, a technology poised to dominate the displays of the future. Its placement at the center of OLEDs makes the company an underappreciated way to play the enormous sales growth in tablets and smartphones. However, like any new technology, there are plenty of risks to Universal Display. Motley Fool analyst Evan Niu, CFA, has authored a new premium report that dives into reasons to buy the company as well as the challenges facing it. For access to this comprehensive report, simply click here now.
The article Why Universal Display Still Has Plenty of Room to Run originally appeared on Fool.com.Andrew Tonner has no position in any stocks mentioned. The Motley Fool recommends Universal Display. The Motley Fool owns shares of Universal Display. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.