How about Corning (GLW) ? - Stock Trading/Investing

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How about Corning (GLW) ?

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TraderJoe

Posted: Sunday, March 07, 2010 5:06:20 AM

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Okay, let me give 'er a shot... here is my what/why....

I have been checking out Corning (GLW) a few months back, did not pull the trigger and it shot up. Well now it pulled back a good bit and this is why I am looking for naked puts or long the trade.

PE: The stock is a value play at P/E 14.
Dividend: Well 2% is not much but it shows the company is willing to pay shareholders.
Business: The company covers many area of high tech including computers and medical
MSN Stock Scouter: Rates it a 6. Not great, but not bad.

Any toughts?

--- TJ

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Posted: Sunday, March 07, 2010 5:06:20 AM

Patrick

Posted: Sunday, March 07, 2010 11:34:43 PM

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Ford Equity Research rates GLW a Strong Buy

GLW is making good money and beating out most other companies.

TraderJoe

Posted: Monday, March 08, 2010 12:40:13 AM

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Thx for the report. Like the earnings story on the stock.

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