How Universal Display Corporation Is Stacking the Deck Against the Competition

If you can't beat 'em, join 'em. If you can beat them, however, make sure they know it, and then convert them to customers.

That's basically become the growth strategy for Universal Display Corporation (NASDAQ: OLED) -- and one that's difficult to argue with. The materials leader reported 68% year-over-year revenue growth in the first half of 2017. Earnings per share soared 137% in the same span. How is everything seemingly going right for the growth stock?

Simply put, Universal Display is stacking the deck against the competition by turning the gatekeepers of older-generation display technologies into its most important customers and partners.

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Source: Fool.com