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LG Display Co., Ltd. LPL was a big mover last session with shares rising just over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company since Feb 27, as the stock is now trading above the volatile price range of $10.69 to $11.48.
This manufacturer of TFT-LCD and other display panels has seen a mixed track record when it comes to estimate revisions of 1 increase and 1 decrease in the last 60 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's price action can turn into more strength down the road.
LG Display currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the broader technology sector may consider better-ranked stocks like Logitech International SA LOGI, Alps Electric Co. Ltd. (APELY) and ADTRAN Inc. ADTN. While Logitech sports a Zacks Rank #1 (Strong Buy), Alps Electric and ADTRAN bear a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
This manufacturer of TFT-LCD and other display panels has seen a mixed track record when it comes to estimate revisions of 1 increase and 1 decrease in the last 60 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's price action can turn into more strength down the road.
LG Display currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the broader technology sector may consider better-ranked stocks like Logitech International SA LOGI, Alps Electric Co. Ltd. (APELY) and ADTRAN Inc. ADTN. While Logitech sports a Zacks Rank #1 (Strong Buy), Alps Electric and ADTRAN bear a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
ALPS ELECTRIC (APELY): Get Free Report
LOGITECH INTL LOGI: Free Stock Analysis Report
LG DISPLAY-ADR LPL: Free Stock Analysis Report
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