Tech stocks have delivered a lackluster performance in 2021 so far. The S&P 500 Information Technology sector is up 5% year-to-date, significantly trailing the 11% return of the broader S&P 500. But rather than dwell on the past, investors should look at this as an opportunity.
Universal Display's (OLED) Q1 performance reflects gains from higher material sales, and royalty and license fees.
Groupon's (GRPN) Q1 performance reflects strength in the ongoing turnaround strategy. However, COVID-19 induced sluggishness in travel, restaurant and local businesses affects uptick in daily deals.