Why Corning Is Poised to Bounce Back

Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, specialty glass and ceramics giant Corning (NYSE: GLW  ) has earned a coveted five-star ranking.

With that in mind, let's take a closer look at Corning and see what CAPS investors are saying about the stock right now.

Corning facts

Headquarters (founded)

Corning, N.Y. (1851)

Market Cap

$19.6 billion

Industry

Electronic components

Trailing-12-Month Revenue

$8.0 billion

Management

Chairman/CEO Wendell Weeks

Vice Chairman/CFO James Flaws

Return on Equity (average, past 3 years)

14.1%

Cash/Debt

$6.1 billion / $3.5 billion

Dividend Yield

2.8%

Competitors

3M

TE Connectivity

Sources: S&P Capital IQ and Motley Fool CAPS.

On CAPS, 98% of the 5,434 members who have rated Corning believe the stock will outperform the S&P 500 going forward.

Just last month, one of those Fools, madison110, succinctly summed up the Corning bull case for our community:

"Global glass technology leader" may be a pretty substantial moat for this mature and experienced company. [Corning] products become part of products that we will need more of for the foreseeable future: smartphones and construction.

With the explosive growth of smartphones worldwide, many investors thought they would ride Corning's dominant cover glass to massive investment returns. That hasn't played out yet, as mobile growth has failed to offset declines in the company's core business. In this brand new premium research report on Corning, our analyst walks through the business, as well as the key opportunities and risks facing it today. Click here to claim your copy.

Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.


Read/Post Comments (0) | Recommend This Article (5)

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.

DocumentId: 2338576, ~/Articles/ArticleHandler.aspx, 4/20/2014 5:29:13 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