Corning Sell-Off Creates An Attractive Buying Opportunity
- Core Net Sales were up 28% to $2.58 billion YOY, compared to $2.02 billion for the second quarter of 2013.
- Display Technologies sales were $1.1 billion, up 62% from $670 million YOY. LCD glass volume grew in the low teens percentage sequentially and was higher than anticipated.
- The stock is up more than 25% in the last year. When you factor in the current valuation, the stock still has about 32.1% upside remaining.