pelagus

LG Display turnaround, up to 60% upside in the next 12 months

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NYSE:LPL   LG DISPLAY CO LTD
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.

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