1. Aggressive Recommendation
Universal Display Corporation (OLED) is a current recommendation in Momentum Trader Alert.
Based near Princeton University in New Jersey, OLED has been on a tear. The company is profiting from smartphone makers, such as Samsung and Apple (AAPL), who are shifting from traditional liquid crystal displays (LCD) to organic light emitting diode (OLED) screens.
OLED saw its shares soar more than 8% on Jan. 8 on solid volume, with far more shares changing hands than in a typical session.
Technically, the OLED is in a strong uptrend and scores 100% on my long-term technical indicators.
2. Conservative Recommendation
Visa Inc. (V) is a current recommendation in Alpha Algorithm.
Headquartered in San Francisco, California, Visa Inc. (V) is a payments technology company which provides its services under the Visa, Visa Electron, Interlink and PLUS brands. (Disclosure: I am a long-time holder of Visa in my personal investment portfolio).
A giant in the payments industry, Visa has reached an inflection point, according to Vasant Prabhu, the company’s chief financial officer. E-commerce is growing at a rapid pace compared to face-to-face transactions. The trend toward digitizing payments will benefit the company in the long term.
From a technical standpoint, V also scores 100% on all technical indicators I follow.
Finally, I am pursuing new opportunities, and this will be the last weekly update for VIP Alliance. Your publisher, Eagle Financial Publications, will update you with further information about how your subscription will be fulfilled.
Nicholas A. Vardy