Universal Display (OLED) Soars 4.4%: Is Further Upside Left in the Stock?

Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. Universal Display is part of the Zacks Electronics - Miscellaneous Components industry. nVent Electric (NVT) , another stock in the same industry, closed the last trading session 0.2% higher at $78.38. NVT has returned -2.9% in the past month. For nVent, the consensus EP ...