Corning: A Timeless Gem Poised For A Comeback

Summary

• Corning is a long-standing company with a diverse portfolio of products, including display technologies, optical communications, and specialty materials.
• The company has experienced a recent downturn in revenue and margins due to supply chain disruptions and cost inflation, but there are signs of improvement.
• Corning may benefit from the AI boom and expects growth in its optical communications, automotive exteriors, and solar business. The stock is attractively priced and offers an appealing dividend yield.
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Call me old-fashioned, but I have a hard time with chasing growth stocks that trade at nosebleed valuations, preferring instead to stick with the tried and true over the bold and new. That's why I'd rather stick with old 'economy' stocks that have proven business

Analyst’s Disclosure:I/we have a beneficial long position in the shares of GLW either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

I am not an investment advisor. This article is for informational purposes and does not constitute as financial advice. Readers are encouraged and expected to perform due diligence and draw their own conclusions prior to making any investment decisions.