By any measure, Universal Display Corporation's (NASDAQ:OLED) phosphorescent OLED technology is truly remarkable.
To be sure, by incorporating Universal Display's OLED materials in their devices, electronics manufacturers including Samsung (NASDAQOTH:SSNLF) Display and LG Display (NYSE:LPL) have already built millions of vibrant smartphones and tablets to market. What's more, Universal Display should benefit as the prices for curved OLED televisions continue to rapidly fall, and truly flexible, virtually indestructible plastic OLED displays are already on the horizon.
But according to the Fool's Steve Symington in the following video, a recent patent filing from Samsung reminded the market of yet another key design benefit of Universal Display's flagship technology: namely, that OLED displays can also be made to be transparent.
To hear more about what what kinds of transparent OLED electronics we can expect to see and when, watch Steve's full take in the following video.
3 more stocks poised to be multibaggers
Steve plans on holding his shares of Universal Display for years to come, because the one sure way to get wealthy is to invest in a groundbreaking company that goes on to dominate a multibillion-dollar industry. But that doesn't mean it's the only great company poised to change the world as we know it. Our analysts have found multibagger stocks time and again. And now they think they've done it again with three stock picks that they believe could generate the same type of phenomenal returns. They've revealed these picks in a new free report that you can download instantly by clicking here now.
Steve Symington owns shares of Universal Display. The Motley Fool recommends and owns shares of Universal Display. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.