#4 - LG Display (NYSE:LPL)
Prior to the Covid-19 pandemic, finding a quality tech stock at a price tag below $20 was not easy to do. Today, investors have a lot more option. In the initial months after the pandemic began, investors fled to quality and that left some lower-priced stocks dangling.
But in the last few months, as many tech stocks look overvalued, investors are trying to find some underpriced gems. One for you to consider is LG Display (NYSE:LPL). If you’re looking at this article on an iPhone, then you are probably looking at a touch-screen made by LG Display. And as the company’s name suggests it is the screen-maker for the Korean electronics company LG.
The remote work and remote learning environments brought on by the pandemic was a major catalyst for the stock which climbed over 20% last year. The company is projecting demand to stick around for several years. For example, Apple (NASDAQ:AAPL) is supposed to announce higher-than-expected sales for the iPhone 12). And to account for that growth, the company recently opened a new facility in China.
About LG Display
LG Display Co, Ltd., together with its subsidiaries, engages in the manufacture and sale of thin-film transistor liquid crystal display (TFT-LCD) and organic light emitting diode (OLED) technology-based display panels. Its TFT-LCD and OLED technology-based display panels are primarily used in televisions, notebook computers, desktop monitors, tablet computers, mobile devices, and automotive displays.
Read More - Current Price
- $4.64
- Consensus Rating
- Hold
- Ratings Breakdown
- 0 Buy Ratings, 1 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- N/A
