Based on the aggregated intelligence of 115,000-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. Our data has shown that five-star stocks outperform the market by a significant margin; conversely, one-star stocks have woefully lagged the market average.

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

Corning facts

Headquarters (Founded)

Corning, N.Y. (1851)

Market Cap

$26.45 billion

Industry

Communications Equipment

TTM Revenue

$6.44 billion

Management

CEO Wendell Weeks (since 2007)

CFO James Flaws (since 1997)

Return on Equity (average last three years)

31%

Major Competitors

3M (NYSE:MMM)

Honeywell International (NYSE:HON)

CAPS members bullish on GLW also bullish on

Apple (NASDAQ:AAPL)

Cisco Systems (NASDAQ:CSCO)

CAPS members bearish on GLW also bearish on

Washington Mutual (NYSE:WM)

Ford Motor (NYSE:F)

Sources: Capital IQ, a division of Standard & Poor's, and Motley Fool CAPS. TTM = trailing 12 months.

Over on CAPS, 480 of the 493 All-Star members who have rated Corning -- some 97% -- believe the stock will outperform the S&P 500 going forward. These All-Star bulls include 7iles and seavirostek, both of whom are ranked in the top 15% of our community.

Just last night, 7iles touched on the stock's price plunge earlier in the day: "Not sure why but I just love this company ( it just seems to be in the right industry at the right time ). I was just waiting for a decent entry point and I think I just saw it today."

A pitch by seavirostek (also from yesterday) shares that contrarian spirit, highlighting Corning's diversified nature as the big reason to remain bullish:

Forget about the inventory of hdtv - let them sit ... This company also provides global solutions to air pollution via emissions control, and in the realm of life sciences, they supply lab products that enhance productivity, ophthalmic and optical materials, etc. This American company has an impressive history, global markets, seems clean and green and in this downturn, sports an attractive p/e ratio.

What do you think about Corning, or any other stock for that matter? Make your voice heard on Motley Fool CAPS today. More than 115,000 investors are waiting to hear what you have to say. CAPS is 100% free, so simply click here to get started.

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Foolish contributor Brian Pacampara owns no position in any of the companies mentioned. The Fool's disclosure policy always gets a perfect score.