Better Buy: Universal Display vs. Applied Materials
As the coronavirus pandemic continues to spread, it's becoming clear that there will be significant economic fallout. Unfortunately, in addition to the direct impact COVID-19 will have on those it infects, jobs will be lost, businesses will go under, and money will be lost. But just as in times past, life will move on, albeit changed.
The world was already headed the way of digital before, and if I had to make an early guess, one of the consequences of this global health crisis will be an acceleration in the digital movement.
This brings us to the two stocks under consideration in this article: Universal Display (NASDAQ: OLED) and Applied Materials (NASDAQ: AMAT). There is some overlap between these two tech manufacturing suppliers, though Universal is hyper-focused on OLED screens versus Applied's broad-based know-how in screens, chips, and quality control systems. (Full disclosure upfront, I own shares of both.) But with the two stocks beaten down in the last month (Universal down 40% in 2020 as of this writing; Applied down 32%), I think it's time for a review.
Source Fool.com
