Obliterating Expectations, Universal Display Hits an All-Time High
Universal Display Corporation (NASDAQ: OLED) announced stellar third-quarter 2017 results on Thursday after the market closed, demolishing even the most optimistic growth predictions as adoption of its flagship OLED (organic light-emitting diode) technology continues to gain momentum.
Let's dig deeper to shine a light on what drove Universal Display's business as it kicked off the second half, and what we can expect from the company in the coming quarters.
OLED LIGHTING IS BEGINNING TO GAIN TRACTION. IMAGE SOURCE: UNIVERSAL DISPLAY.
Source: Fool.com
Universal Display Corp. Stock
€74.48
-0.430%
Our community is currently high on Universal Display Corp. with 5 Buy predictions and 0 Sell predictions.
On the other hand, the target price of 7 € is below the current price of 74.48 € for Universal Display Corp., so the potential is actually -90.6%.
