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OLED technology is proliferating beyond mobile and TVs to consumer electronics, automotive and lighting. The company is set to benefit significantly from this acceleration. However, we don’t see much immediate upside, given the shares still carry a lofty valuation. Source: Growth Will Accelerate For Universal Display – Universal Display Corporation (NASDAQ:OLED) | Seeking Alpha

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We missed the upside as we deemed the shares too expensive three months ago. There is no question that the market is set to grow for years to come. Competition is emerging on the horizon, but we think it’s unlikely this constitutes an imminent threat. But we still balk at the nosebleed valuation; the shares […]

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