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Universal Display Corp. (OLED-Q)
22 watching
NASDAQ:OLED
167.91
2.43
(1.47%) 1d
Financials
Technical Analysis
Nov 27, 2023, 9:00 pm
0
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PAST TOP PICK
(A Top Pick Dec 14/18, Up 109%) Makers of screen technology out of Idaho. Their technology shortened the width of the screen, which allowed manufacturers to add more technology in the same phone body. He sold out at $207. It will give another opportunity to buy in, but there is more competition coming.
electrical / electronic
$198.600
No
PAST TOP PICK
(A Top Pick Dec 12/18, Up 107%) OLEDs will be everywhere, these screens. Every cell phone provider will make foldable phones--which need OLED screens. And there are other applications--OLEDs will kill lightbulbs. OLEDs can bend and go almost everywhere. The technology is everywhere. It will become more common, cheaper and efficient. The PE ratio is really high now, so you're banking on explosive growth in the future, but he feels that explosion will come. Adoption of OLEDs will rise as the price declines.
electrical / electronic
DON'T BUY
He loves it, but he's actually not in it now. He sold it around $205-210. Its problem is there's a lot of competition entering this space. They own the royalty on all OLED screens. There are better opportunities elsewhere.
electrical / electronic
PARTIAL SELL
If you bought this at the start of the year, then take some profits. It's been up this year. However, it's had a double-top (late-2017) and so could fall back to $170. This is volatile. Sell half and hold the rest long-term. Also, if it breaks below $170, it could fall to $130, based on the 200-day moving average.
electrical / electronic
BUY ON WEAKNESS
They have smartphone screen technology royalties for an OLED screen. Prior to this technology screens were made of a dozen layers. Today's phones are only 3-4 layers -- much clearer display. He was a buyer down from $120 to $90 and a seller above $150. This is not a buy and hold stock, but a good one to trade. The price of $170-$180 appears to be a ceiling. He thinks you will be able to by into it again around $145.
electrical / electronic
PARTIAL SELL
It's close to its 2018 high. You can take profits now if you're worried. Nice move on a crappy day today on the markets. Its 200-day moving average is $119.44. All indicators point up. You can hold.
electrical / electronic
PARTIAL SELL
They are the suppliers of the organic screens. They get royalty on the new screens. They are popular because the old screens had up to 20 layers and the new ones only 3. The benefit is that it allows them to put more power and tools as the screen is not taking that much space. They sold just yesterday as it is close to their $170 target. He would buy at 1/3 at $150, 1/3 at $130 and 1/3 at $110.
electrical / electronic
PARTIAL SELL
One of his favourites. In his top 5 holdings. Price target is $175, so we're close. Took profit the last 2 days. Down to a 5% position from 7%. They have the royalty on smart phone screens. Most of the screens are going to OLED screens. But it is volatile. It's not a buy and hold, you have to actively manage it.
electrical / electronic
PAST TOP PICK
(A Top Pick Dec 12/18, Up 60%) He hit the bull's-eye here. These are organic LEDs. It was a tech play and did quite well on the bounce back. OLEDs are malleable. Curved LED TVs and foldable smart phones. This company provides licenses to companies that want to use the technology.
electrical / electronic
HOLD
You can take profits now. Worry about it at its high of $180 before falling dramatically. Now, it is trending higher, so you can ride the wave or take some profits.
electrical / electronic
COMMENT
Loves it. His price target is $175 and only in December it was in the $80s, nearly doubling since then. Everything is coming together for OLED, as reflected in their recent report. Smartphone makers love OLED's technology on their screens. OLED gets a royalty for every iPhone or Android sold. Buy this around $110-120 during the volatility that is certain to come this year. Remember, in 2018 we had eight corrections.
electrical / electronic
BUY
Organic LED devices for consumer electronics. He likes the tech group. These guys are a leading in their space. It held in much better since September, relative to their group. This one looks timely.
electrical / electronic
BUY
They own the patent for a new type of display screen on smartphones. So, they receive royalties. Apple, Huawei and Samsung will be using OLED screens by 2020. It's been volatile the last few years, because it's taken time for the manufacturers to incorporate these new screens. But a year from now, OLEDs will be all the talk. High-$80's is a bargain; sell in the high-$110's. He has $150 price target. A core holding for him.
electrical / electronic
TOP PICK
Has legged in and legged out. Make the screen on iPhones. Have a patent on the OLEDs. All the smartphone makers are using their OLED screens. Yield is 0.3%. (Analysts’ price target is $133.20)
electrical / electronic
TOP PICK
They own the patent rights to OLEDs that they license. The new iPhone uses OLEDs. A play on organic LED lights that will completely dominate the next generation of cell phones, TVs and home lighting. OLEDs are the future of lighting. (Analysts’ price target is $133.20)
electrical / electronic
Universal Display Corp.(OLED-Q) Rating
Ranking : 1 out of 5
Bullish - Buy Signals / Votes : 0
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 0
Total Signals / Votes : 0
Universal Display Corp.(OLED-Q) Frequently Asked Questions
What is Universal Display Corp. stock symbol?
Universal Display Corp. is a American stock, trading under the symbol OLED-Q on the NASDAQ (OLED). It is usually referred to as NASDAQ:OLED or OLED-Q
Is Universal Display Corp. a buy or a sell?
In the last year, there was no coverage of Universal Display Corp. published on Stockchase.
Is Universal Display Corp. a good investment or a top pick?
Universal Display Corp. was recommended as a Top Pick by on . Read the latest stock experts ratings for Universal Display Corp..
Why is Universal Display Corp. stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is Universal Display Corp. worth watching?
0 stock analysts on Stockchase covered Universal Display Corp. In the last year. It is a trending stock that is worth watching.
What is Universal Display Corp. stock price?
On 2023-11-27, Universal Display Corp. (OLED-Q) stock closed at a price of $167.91.
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