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Today's Research Reports on Trending Tickers: Analog Devices and Universal Display

NEW YORK, NY / ACCESSWIRE / January 25, 2019 /U.S. equities were mixed on Thursday as stronger-than-expected quarterly earnings werent enough to outweigh concerns of a global economic slowdown. The Dow Jones Industrial Average was down 0.09 percent to settle at 24,553.24, while the S&P 500 climbed 0.14 percent to close at 2,642.33. The Nasdaq jumped 0.68 percent to settle at 7,073.46.

"We've seen Q4 growth slightly edge up," said Erin Gibbs, portfolio manager at S&P Global. "We're even starting to see 2019 earnings revise up, and it's still very early in the season," Gibbs added.

The Market Wealth Report Initiates Coverage on:

Analog Devices, Inc.
https://marketwealthreport.com/report/ADI/

Universal Display Corporation
https://marketwealthreport.com/report/OLED/

Analog Devices' stock jumped 6.63% Thursday, to close the day at $94.75. The stock recorded a trading volume of 6,478,707 shares, which was above its three months average volume of 3,130,732 shares. In the last year, Analog Devices' shares have traded in a range of 76.62 - 103.59. The share price has gained 23.66% from its 52 week low. The company's shares are currently trading above their 200-day moving average. The stock's 50-day moving average of $86.70 is below its 200-day moving average of $90.69. Shares of the company are trading at a Price to Earnings ratio of 23.87. Shares of Analog Devices have gained roughly 17.82 percent in the past month and are up 10.39 percent year-to-date.

Access The Market Wealth's Analog Devices, Inc. Research Report:
https://marketwealthreport.com/report/ADI/

On Thursday, shares of Universal Display recorded a trading volume of 715,093 shares, which was below the three months average volume of 1,163,411 shares. The stock ended the day 4.11% higher at $98.86. The share price has fallen 45.56% from its 52 week high with a 52 week trading range of 78.75 - 181.60. The company's shares are currently trading below their 200-day moving average. The stock's 50-day moving average of $92.54 is below its 200-day moving average of $104.41. Shares of the company are trading at a Price to Earnings ratio of 65.04. Shares of Universal Display have gained roughly 19.17 percent in the past month and are up 5.65 percent year-to-date.

Access The Market Wealth's Universal Display Corporation Research Report:
https://marketwealthreport.com/report/OLED/

Our Actionable Research on Analog Devices, Inc. (NASDAQ : ADI ) and Universal Display Corporation (NASDAQ : OLED ) can be downloaded free of charge at The Market Wealth Report.

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Disclaimer: This article is written by an independent contributor of MarketWealthReport.com and Nadia Noorani, a CFA® charter holder, has provided necessary guidance in preparing the document templates. MarketWealthReport.com is neither a registered broker dealer nor a registered investment advisor. For more information please read our full disclaimer at www.marketwealthreport.com/disclaimer.

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SOURCE: Market Wealth Report