Apple Inc. Provides Another Reason To Own Its Stock

One of my favorite stocks ? Universal Display Corporation (NASDAQ:OLED) ? is getting crushed by the news that Apple Inc. (NASDAQ:AAPL) is developing its own MicroLED displays that will ultimately make their way into both the iPhone and Apple Watch, potentially rendering OLED displays so 1980s. InvestorPlacec.com?s James Brumley believes that Apple?s move to develop its own screens is not a reason to buy Apple stock if you don?t already own it. ?It?s unlikely that Apple would choose to mass produce whatever it comes up with, if it even comes up with a MicroLED screen that?s functional and affordable.