LG Display turnaround, up to 60% upside in the next 12 months
With Apple's launch of its first OLED enabled iPhone in Sept 2018 (produced by LG Display) the technology can be deemed ready for mass adoption.
LG Display has already lost over 50% of its market cap due to an expensive technology shift from LED to OLED, but the company seems now ready to start benefiting from the investment, and the stock is likely to see a turnaround in the coming 12 months.
Trend analysis suggest a potential 60% upside in the coming year.
LG Display has already lost over 50% of its market cap due to an expensive technology shift from LED to OLED, but the company seems now ready to start benefiting from the investment, and the stock is likely to see a turnaround in the coming 12 months.
Trend analysis suggest a potential 60% upside in the coming year.