Is Universal Display Stock a Buy?

The first half of 2020 was no fun for us investors in Universal Display (NASDAQ: OLED). The stock fell as much as 48% year to date in March and recovered with a 37% rise from that point to the market close on July 1. The plunge was deeper than the general market's 31% drop, and the rebound move was smaller. All told, Universal Display is trading 29% lower in 2020, but the general market stands just 4% lower over the same period.

Universal Display is a great buy at these low prices. Read on to see why.

A flexible OLED screen. Image source: Universal Display.

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Source Fool.com