Top 3 Technology Stocks Under $ 20 Per Share - Lg Display

Top 3 Technology Stocks Under $ 20 Per Share - Lg Display

1-Lg Display

LG Display (NYSE: LPL) is one of the world's largest LCD and OLED display panel manufacturers.

The South Korean company's long list of customers includes Apple and Huawei, and its biggest competitor in the market is Samsung.

LG experienced fluctuations, with smartphone and TV sales slowing in 2019. However, Lg's revenue rose 3 percent in 2020, as homestays increased panel prices for PC monitors, mobile devices, and TVs. As the technology giant increased the production of the iPhone 12, the orders it received from Apple accelerated. More importantly, LG broke its seven-quarter loss streak by announcing a net profit in the third quarter of 2020. The incoming growth attributed to high market prices and full-scale production of OLED displays starting at its new facility in Guangzhou, China. Wall Street expects the Company to increase its revenue by 14 percent and generate profits on a full year basis. According to these estimates, the stock is trading at less than 10 times the futures earnings.   Source: https://www.fool.com/ You may also be interested in:

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