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Monday, March 28, 2011

Has Corning's Pullback Created an Opportunity?

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Corning (GLW) logoThe stock of LCD star Corning (GLW), first discussed on April 30, 2010, at a price of $19.65, has pulled back to about $21 after pushing $24, but investors should just view that retreat as an opportunity to scoop up shares of a premiere company.


Corning's revenue will probably surge 10% to 12% in 2011, after a 24% jump in 2010, as the recovery in the display sector continues.


Corning, the world's largest manufacturer of liquid crystal displays, is well-positioned to benefit from increased demand for flat-panel televisions, as well as computer monitors.

Continue reading Has Corning's Pullback Created an Opportunity?

Has Corning's Pullback Created an Opportunity? originally appeared on BloggingStocks on Sun, 27 Mar 2011 13:40:00 EST. Please see our terms for use of feeds.

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