This Is the Real Reason to Love Universal Display Corp. Stock

Universal Display (NASDAQ: OLED) has been on a tear in recent quarters. Trailing sales have increased by 47% over the past two years. At the same time, share prices nearly tripled and EBITDA earnings soared 266% higher.

Those in the know have seen the organic light-emitting diodes (OLED) researcher graduate from smartphone screens to larger tablet displays, and now Universal Display's OLED solutions are hitting the mainstream for big-screen television sets. That's all great, because larger OLED screens translate into fatter revenue streams to Universal Display. This is how the company and stock climbed so far and so fast, and bigger screens will remain the core investing thesis for us Universal Display owners for a while yet.

But in the long term, even an explosion of 6-foot OLED TV sets will look like child's play next to the company's real value trigger.

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Source: Fool.com