Hardman Johnston’s Bullish Stance on Universal Display Corporation (OLED)

3 hours ago 2

Soumya Eswaran

Thu, July 2, 2026 astatine 8:53 AM CDT 2 min read

Hardman Johnston Global Advisors, an concern absorption firm, issued its capitalist missive for the Hardman Johnston Large Cap Equity Strategy for the archetypal 4th of 2026. A transcript of the missive tin beryllium downloaded here. The strategy achieved a instrumentality of 0.68% (gross) and 0.57% (net) during this period, successful opposition to a -4.33% instrumentality for the S&P 500 Total Return Index. Companies with robust backlogs of lawsuit concern were rewarded, portion those with much economically delicate clients faced underperformance. Looking beyond the contiguous disruptions, the steadfast believes the wide outlook for the U.S. system remains positive. Please reappraisal the Strategy's apical 5 holdings to summation insights into their cardinal selections for 2026.

In its first-quarter 2026 capitalist missive Hardman Johnston Large Cap Equity Strategy highlighted Universal Display Corporation (NASDAQ:OLED). Universal Display Corporation (NASDAQ:OLED) is simply a exertion institution focuses connected the research, development, and commercialization of integrated airy emitting diode (OLED) technologies and materials for show and solid-state lighting applications. On July 1, 2026, Universal Display Corporation (NASDAQ:OLED) closed astatine $83.05 per share, reflecting a marketplace capitalization of $3.88 billion. Universal Display Corporation (NASDAQ:OLED) posted a one-month instrumentality of -7.93%, and its shares mislaid 48.13% implicit the past 52 weeks.

Hardman Johnston Large Cap Equity Strategy stated the pursuing regarding Universal Display Corporation (NASDAQ:OLED) successful its Q1 2026 capitalist letter:

"Universal Display Corporation (NASDAQ:OLED) continued to lag. Here again, 2 factors were involved. Higher machine representation prices are driving up the terms of mobile phones and slowing request successful 1 of the company's astir important extremity markets, and the war's effect connected depletion whitethorn wounded extremity markets much broadly. We stay assured successful their longer-term prospects and look guardant to their exertion enjoying wide adoption."

Is Universal Display Corporation (OLED) the Best Mid Cap Tech Stock to Buy Now?

Universal Display Corporation (NASDAQ:OLED) is not connected our database of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 33 hedge money portfolios held Universal Display Corporation (NASDAQ:OLED) astatine the extremity of the archetypal quarter, the aforesaid arsenic successful the erstwhile quarter. While we admit the imaginable of Universal Display Corporation (NASDAQ:OLED) arsenic an investment, we judge definite AI stocks connection greater upside imaginable and transportation little downside risk. If you're looking for an highly undervalued AI banal that besides stands to payment importantly from Trump-era tariffs and the onshoring trend, spot our escaped study connected the best short-term AI stock.

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