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Corning (GLW): Profits on display |
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| Jun 03, 2008 02:00 PM UTC |
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Tracked Blogger
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Via BloggingStocks:
Filed under: Corning Inc (GLW), Stocks to Buy
Corning Inc. (NYSE: GLW), once a reliable but slow-growth kitchenware and cookware company, today represents one of the signature corporate transformation stories of the digital age. Corning is one of the leading providers of fiber-optic cable, which the company invented more than 30 years ago. Further, its substrates business did not draw Wall Street's attention until technological advances enabled the price-competitive production of flat panel displays in flat panel televisions, desktop monitors and notebook computers. Continue reading Corning (GLW): Profits on display Permalink | Email this | Comments<map name="google_ad_map_145-1213248"><area href="http://imageads.googleadservices.com/pagead/imgclick/145-1213248?pos=0" shape="rect" coords="1,2,367,28" /><area href="http://services.google.com/feedback/abg" shape="rect" coords="384,10,453,23" /></map> 
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Readers of this space know that my investment bias is toward large-cap companies with demonstrated business models and which have a competitive advantage in established markets, preferably with a favorable global trend as a support. In general, turnaround and business model change plays are avoided, but there are exceptions to the rule, and one is Corning. Add Comment
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