Making a Momentum Play on the Global Smartphone Boom

Nicholas Vardy

Nicholas Vardy has a unique background that has proven his knack for making money in different markets around the world.

This week’s Momentum Trader Alert recommendation bets on a U.S.-based technology stock benefiting from the global smartphone boom.

Based near Princeton University in New Jersey, Universal Display Corporation (OLED) has been on a tear. The company is profiting from smartphone makers, such as Samsung and Apple (AAPL)shifting from traditional liquid crystal displays (LCD) to OLED screens.

OLED displays are superior to LCD screens in color reproduction, refresh rate and power consumption.

OLED’s stock has soared since since it delivered much-better-than-expected Q3 earnings results on Nov. 2.

Universal Display Corporation (OLED) versus the S&P 500 over the last three months.

Momentum Trader Alert Analysis


Buy Universal Display Corporation (OLED) at market today and place your stop at $147.00.

I am holding off on recommending options in this position after Friday’s big jump in the stock price.

Portfolio Update

CBOE Holdings, Inc. (CBOE) stopped out on Nov. 9 at $110.20 for a 20.30% gain.

CBOE Holdings, Inc. (CBOE) January $105 calls first traded at $9.35 after the stop for a 39.35% gain.

New Option Recommendation

Now that the stock has settled, I recommend that you buy the Cognex Corporation (CGNX) February $135 calls (CGNX180216C00135000), which last traded at $9.98 and expire on Feb. 16.


Nicholas Vardy

Nicholas A. Vardy

share on:

Like This Article?
Now Get Our FREE Special Report:
Alternative Investing: Investing in Timber

Stock Investor editor Paul Dykewicz reveals why investing in timber may be one of the best long-term portfolio strategies you'll find today.

Get Access to the Report, 100% FREE

share on:


Dr. Mark Skousen

Named one of the "Top 20 Living Economists," Dr. Skousen is a professional economist, investment expert, university professor, and author of more than 25 books.

Product Details

  • Forecasts & Strategies
  • Home Run Trader
  • Fast Money Alert
  • Five Star Trader
  • TNT Trader

Bryan Perry

A former Wall Street financial advisor with three decades' experience, Bryan Perry focuses his efforts on high-yield income investing and quick-hitting options plays.

Product Details

  • Cash Machine
  • Premium Income PRO (exclusively for subscribers of Cash Machine)
  • Quick Income Trader
  • Breakout Options Alert
  • Hi-Tech Trader

Jim Woods

Jim Woods has over 20 years of experience in the markets from working as a stockbroker,
financial journalist, and money manager. As well as a book author and regular contributor to
numerous investment websites, Jim is the editor of:

Product Details

  • Successful Investing
  • High Velocity Options
  • Intelligence Report
  • Bullseye Stock Trader
  • Eagle Eye Opener

Bob Carlson

Bob Carlson provides independent, objective research covering all the financial issues of retirement and retirement planning. In addition, Bob serves as Chairman of the Board of Trustees of the Fairfax County (VA) Employees’ Retirement System, which has over $2.8 billion in assets.

Product Details

  • Retirement Watch
  • Retirement Watch Spotlight Series
  • Lifetime Retirement Protection Program

Jon Johnson

Jon Johnson's philosophy in investing and trading is to take what the market gives you regardless if that is to the upside or downside. For the past 21 years, Jon has helped thousands of clients gain success in the financial markets through his newsletters and education services:

Product Details

  • Investment House Daily
  • Stock of the Week
  • Technical Traders Alert
  • Rapid Profits Stock Trader

Used by financial advisors and individual investors all over the world, is the premier provider and one-stop shop for dividend information and research.

Product Details

Popular tools include our proprietary Dividend Calendar, Dividend Calculator, Dividend Score Card, and many more.

  • Dividend Investor