Universal Display researches, develops, and sells organic light emitting diode (OLED) technologies and materials for the flat-panel display industry.
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How many people have LCD or Plasma TV's? How many people have cell phones and smart phones? How many laptops and desktops are owned? Now add all those devices together and figure how many of those are replaced each year. OLED will be the next LCD and then some. I see it being used in all of these products and more. On top of all that now add that it can be used as low energy replacement for lighting and it really does have many other uses.
I would buy if it dropped below $6. Look at its graft over the last year, there were two buying opportunities, which gave a good return in a short period of time. I'll wait for the next sell off, thanks.
All very true....I was at 3 stores this week doing a shop test now that BBuy has turned evil because they think they own the world......Horrible. They are not going to keep up the new snotty 'tude without getting runover by small/midsize chains. However, perhaps due to mothers day, all 3 stores, including BBuy, had lines of foks buying merch that contains PANL parts. We still live in a disposable society, my family has too many "new" devices, already outdated, my immediate family owns at least 8-10 computer screens, I bet most people on this site can say the same.
"Look at its graft over the last year, there were two buying opportunities"...
I presume you meant "graph" but if not can you please elaborate on what 'graft' was reported? I am a fan of this company model and own shares since 2005 and would very much appreciate knowing if there is some impropriety that has surfaced.
thanks
ML
Typo on my part. Like I said, I like the company but at a lower price.