Technology stock for bargain investors are being priced out of the mainstream cannabis markets and even alternative energy, but there are still opportunities in the tech sector. eMagin Corp. (NYSE: EMAN) is an American developer of miniature OLED displays for niche applications. It creates displays and related technologies for military sights, targeting systems, and aviation helmets. It also creates thermal imaging, ultrasound, and miniature displays for ocular surgery, and displays for augmented reality systems.
It is in military technology and augmented reality that analysts are most confident for this company. Augmented reality technologies are becoming more affordable and the applications are diverse. From specialized training systems to headsets for people with sensory impairment, eMagin could find success producing devices as a first-party, or even licensing its technologies. The company has now generated revenue growth for three consecutive fiscal years.
Like many of the most promising bargain stocks, there’s speculation in this pick. Earnings are expected to stay flat or decline slightly over the next year, but the stock price is still expected to climb as investors continue to see potential in this unique business. The stock has rallied in the year so far and has strong momentum behind it. Investors looking for a promising bargain can consider this stock in February.
- 1 Year Price Growth: 95%
- YTD Price Growth: 15%
- 3 Month Price Growth: 57%
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