Corning (GLW) Is Still Buyable, Says Jim Cramer

Corning Incorporated (NYSE:GLW) is 1 of the largest electrical components and solid manufacturers successful the world. Its shares are up by 154% implicit the past twelvemonth and by 47% year-to-date. UBS discussed Corning Incorporated (NYSE:GLW) successful precocious January. The slope raised the stock terms people to $125 from $109 and kept a Buy standing connected the stock. It outlined that Corning Incorporated (NYSE:GLW)’s absorption had indicated that the steadfast could unafraid further deals for its optical business. During its 4th quarter, the solid products shaper had reported $4.41 cardinal successful gross and $0.72 successful net per share, with absorption commenting that Corning Incorporated (NYSE:GLW)’s multi-year woody with Meta would beryllium worthy arsenic overmuch arsenic $6 cardinal successful revenue. As for Cramer, the CNBC TV big has asserted respective times precocious that the steadfast tin extremity up replacing copper with solid wrong information centers. In a tweet astir Corning Incorporated (NYSE:GLW) connected February 11th, helium tied the firm’s show with information halfway instrumentality supplier Vertiv’s caller results:

“Those Vertiv orders were incredible..Great for Club Names Corning, Eaton, GEV. Still buyable!!”

While we admit the imaginable of GLW arsenic an investment, our condemnation lies successful the content that immoderate AI stocks clasp greater committedness for delivering higher returns and person constricted downside risk. If you are looking for an highly inexpensive AI banal that is besides a large beneficiary of Trump tariffs and onshoring, spot our escaped study connected the best short-term AI stock.

READ NEXT: 30 Stocks That Should Double successful 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This nonfiction is primitively published at Insider Monkey.