Corning, Inc. (GLW)

Jim Cramer recommendation on his show today 11-18-2009

2 least spoken phrases in the english language: "Where are the keys to the banjo players porsche?" and "Dammit we should have listened to that stock broker."

This is where Pyrex, fiber optics, and flat screens came from. Going forward, as they always do, there's cutting edge filtering elements to clean diesel exhaust among many other things. A 10 on StockScouter. No hot trade catalyst right now but a long term favorite.

Corning is selling for just 1.5 times book value, which is far below its historical norm. For the last five years, this company has been doing wonderful and it has a host of new innovative products that could "shoot the lights out". The balance sheet is very liquid with 3 billion in cash compared to 2 billion of debt and Jim Jubak is an ardent fan of this company which is featured in his Jubak's Picks portfolio and in his recent book.

this company is going to grow as china grows

Well diversified and well managed.

I'm back and forth about Corning but not as much so as with most technology companies. Jim Jubak says that CISCO and Corning are incubators for tomorrow's technologies and that seems like a good place to be once we reach the sunny side of this recession. As a small investor, it's difficult to make more than a few dollars from the small waves. If you're going to make any money, you've got to catch one of the big ones before the big investors crowd you out of it. If you can be there for the first Pop out of the shell (i.e. the IPO) and/or the second Pop onto the Mama ship (i.e. the acquisition) you may actually add a percentage point or two to your bottom line.

To do this, you're going to have to out think the big boys in the 6 month plus range and be patient. Large investors are all about the quarter. Especially those who work with OPM (other people's money). They've got to look productive and attentive so they're on hair triggers for quarterly numbers and daily news/rumors. If you can see through the flurry of activity to a point 6-12 months down the road and you're right, you can actually collect a few thousand dollars. Good luck to us all.

Regardless of whether people aren't going out to dinner or taking vacations. In a slow economy, one of the most inexpensive and popular pastimes we have is TV watching.

Even Joe Sixpack feels a bit squeamish about having the fellows over to watch the game on a conventional old style TV. Flat panel will eventually replace all old technology sets and the acceleration and current pricing of products using GLW is accelerating. GLW even after the run-up from its lows is still a screaming buy.

jbk - 19

who makes better glass for lcd tvs than corning? prob. won't see much growth, but im looking at high numbers that i cannot predict over the next 10 years.

Gorilla glass (for touchscreen technology) is high margin. They also have products for green energy

Expect technology companies like Corning to improve faster than most over the next several months. Longer term this could be a decent drip prospect. This is more of a slow and steady tech firm. It isn't one I expect to make big moves.

With the rebound of international markets, this company is in position to become an industry powerhouse. Great earnings potential and broad market scope.

LCD screens, Fiber optic cable. If it uses glass. Corning probally has there fingers in it.

For the quantity of LCD requirement

Leading manufacturer of glass for LCD TV's/Monitors, handheld devices, etc. With the technology slump subsiding, I think GLW will see a healthy benefit.

Well managed and leader in glass technology

5 star rating, the chart looks outstanding, they were slowly gaining for a while, took a massive hit with the depression, climbing back very steadily. I know nothing about the company though, so beware.

Target-19