LG Display Co., Ltd. ( LPL ) was a big mover last session with shares rising just over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company since Feb 27, as the stock is now trading above the volatile price range of $10.69 to $11.48.ADTRAN INC (ADTN): Free Stock Analysis ReportALPS ELECTRIC (APELY): Get Free ReportLOGITECH INTL (LOGI): Free Stock Analysis ReportLG DISPLAY-ADR (LPL): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research
This manufacturer of TFT-LCD and other display panels has seen a mixed track record when it comes to estimate revisions of 1 increase and 1 decrease in the last 60 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's price action can turn into more strength down the road.
LG Display currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Investors interested in the broader technology sector may consider better-ranked stocks like Logitech International SA ( LOGI ), Alps Electric Co. Ltd. ( APELY ) and ADTRAN Inc. ( ADTN ). While Logitech sports a Zacks Rank #1 (Strong Buy), Alps Electric and ADTRAN bear a Zacks Rank #2 (Buy).
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