Stock Alert: OLED, RTK
by Harris Roen, Editor
Roen Financial Report
Tuesday, January 27, 2015
Today’s Alert:
Universal Display Corporation (OLED)
Rentech Inc (RTK)
A business deal and a corporate merger lift the stocks of these two companies.
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| Shares of LED maker Universal Display Corporation jump as much as 22% on news of a 7 year deal with LG Display. OLED closes up 7% for the day on the largest volume in over 2 years, but is still down 3% for the year. We consider this stock to be Undervalued. | Press release |
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| Recycling company Rock-Tenn rises to an all-time high on news of a $9.2 billion merger with MeadWestvaco Corp. (MWV). RKT stock gains 6% on huge volume, and is up 37% for the year. | Bloomberg |
IMPORTANT INFORMATION
Individuals involved with the Roen Financial Report and Swiftwood Press LLC do not own or control shares of any companies mentioned in this article. It is also possible that individuals may own or control shares of one or more of the underlying securities contained in the Mutual Funds or Exchange Traded Funds mentioned in this article. Any advice and/or recommendations made in this article are of a general nature and are not to be considered specific investment advice. Individuals should seek advice from their investment professional before making any important financial decisions. See Terms of Use for more information.
Remember to always consult with your investment professional before making important financial decisions.
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