Better Buy: Universal Display vs. Corning
Universal Display (NASDAQ: OLED) and Corning (NYSE: GLW) are both crucial supply chain players in consumer electronics. Universal owns the world's largest portfolio of patents for OLED displays, and it sells the raw materials for manufacturing those high-end screens.
Corning's chemically hardened glass, Gorilla Glass, makes it tough to crack those screens. It also sells glass substrates for display panels, optical hardware, lab equipment for life science companies, and particulate filters for automakers through its environmental technologies unit.
Universal's stock has risen more than 40% over the past 12 months as it's weathered the pandemic-related disruptions to the smartphone and TV markets. But Corning's stock has more than doubled, as multiple tailwinds -- including new phones and network upgrades -- boosted its revenue.
Source Fool.com
