Corning (NYSE:GLW)

When it comes to the display space, Corning has a strong advantage. High-performance televisions have been very profitable for the company and are the product that catapaultedit to new heights in the 2007 home-entertainment era. As the consumer-spending space continues to evolve, though, the shift toward tablets and smartphones increasingly detracts from the home-entertainment side of the equation.

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With the explosive growth of smartphones worldwide, many investors were expecting massive investment returns from Corning's market-dominating Gorilla Glass -- the covering of choice for smartphones, most recently Apple's(NASDAQ:AAPL)

Eric Bleeker has no positions in the stocks mentioned above. The Motley Fool owns shares of Apple and Corning. Motley Fool newsletter services recommend Apple, Corning, and Goldman Sachs. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.