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LPL - LG Display Is At A Critical Junction That Could Help Shape The Road Ahead
LG Display Co Ltd AMERICAN DEPOSITORY SHARES
Earnings growth continues to be strong for LPL, and the Q2 report was perhaps the strongest in recent years.
LPL is likely to continue to post good numbers as the year comes to an end, but there’s trouble lurking with increased panel production on the horizon.
Earnings have been strong, and LPL comes at relatively low valuations, but it’s telling that the stock is still in danger of losing the support it has.
There are arguments in favor of long LPL, but they’re outweighed by the arguments against it.