Universal Display researches, develops, and sells organic light emitting diode (OLED) technologies and materials for the flat-panel display industry.
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OLED technology is the next standard for video screens from cell phones to laptops due to size and energy requirements. As tech goes more mobile, OLED tech will help pave the way to ever more powerful and useful devices. And beyond that, as the world goes green, OLED lighting will be a solution to energy efficiency in long lived and adjustable (intensity and color) lighting solutions. Still a high risk stock with no immediate catalysts to produce serious revenues from licensing the technology and selling the chemicals.