5-Star Stocks Poised to Pop: Corning
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 (NYS: 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.
Corningfacts
Headquarters (founded) | Corning, N.Y. (1851) |
Market Cap | $18.1 billion |
Industry | Electronic components |
Trailing-12-Month Revenue | $7.8 billion |
Management | Chairman/CEO Wendell Weeks Vice chairman/CFO James Flaws |
Return on Equity (average, past 3 years) | 15% |
Cash/Debt | $6.4 billion / $3.4 billion |
Dividend Yield | 2.7% |
Competitors | 3M (NYS: MMM) TE Connectivity (NYS: TEL) Becton Dickinson (NYS: BDX) |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 98% of the 5,312 members who have rated Corning believe the stock will outperform the S&P 500 going forward.
Just yesterday, one of those Fools, mwlove, tapped the stock's recent plunge as a particularly solid bargain opportunity:
Short-term, there may be some pain, but long-term things are bright. The cyclical aspects of the business will eventually rebound. LCD prices are stabilizing, and capacity reductions will eventually lead to better margins there. Specialty glass, including Gorilla and Lotus, will be profit drivers in the future. Fiber optics will also come back in the future, as data carriers will need to expand capacity in the near future. Perhaps most importantly, Corning is a company that innovates; they will produce new products that people and business want. Add the great dividend, and you have a long-term winner.
Of course, that short pitch doesn't even come close to telling the entire story of Corning. You're in luck though. The Fool's brand new premium report on Corning tells all sides of the story for one of the most intriguing companies in the world. You can grab your copy, which comes with free updates for 12 months, by just clicking here.
Want to see how well (or not so well) the stocks in this series are performing? Follow the TrackPoisedTo CAPS account.
The article 5-Star Stocks Poised to Pop: Corning originally appeared on Fool.com.
Fool contributor Brian Pacampara has no positions in the stocks mentioned above. The Motley Fool owns shares of Corning. Motley Fool newsletter services recommend Becton, Dickinson and Co., Corning, and 3M Company. Try any of our Foolish newsletter services free for 30 days. We Fools may not 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.
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