Why Superinvestors Love Corning

In the video below, Fool analyst Austin Smith discusses why some of the world's most savvy investors like Corning (NYSE: GLW  ) .

The Fool's own superinvestor, David Gardner, has recommended Corning in the past, and there still are compelling reasons to be bullish on the company. Corning is a long-tenured company with a history of innovation. While it has endured some weakness recently, Corning has a strong balance sheet, with $5.8 billion in cash, to carry the company through, Austin says.

With its joint agreement with Samsung, Corning effectively controls the market with its glass displays, as well as having a great "in" with a rapidly growing electronics manufacturer.

Given Corning's super-strong and scratch-resistant Gorilla Glass, the company is also perfectly positioned to ride the mobile and tablet waves. These are fast-growing areas, with still a lot of room to run. To top it off, Corning is trading cheap, at about a third of its historical price-to-book ratio, and it pays a nice dividend.


Read/Post Comments (0) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Be the first one to comment on this article.

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2463911, ~/Articles/ArticleHandler.aspx, 9/2/2014 10:23:52 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...


Advertisement