By Brian D. Pacampara, The Motley Fool
Filed under: Investing
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 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.
Corning facts
|
Headquarters (founded) |
Corning, N.Y. (1851) |
|
Market Cap |
$19.6 billion |
|
Industry |
Electronic components |
|
Trailing-12-Month Revenue |
$8.0 billion |
|
Management |
Chairman/CEO Wendell Weeks Vice Chairman/CFO James Flaws |
|
Return on Equity (average, past 3 years) |
14.1% |
|
Cash/Debt |
$6.1 billion / $3.5 billion |
|
Dividend Yield |
2.8% |
|
Competitors |
3M TE Connectivity |
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 98% of the 5,434 members who have rated Corning believe the stock will outperform the S&P 500 going forward.
Just last month, one of those Fools, madison110, succinctly summed up the Corning bull case for our community:
“Global glass technology leader” may be a pretty substantial moat for this mature and experienced company. [Corning] products become part of products that we will need more of for the foreseeable future: smartphones and construction.
With the explosive growth of smartphones worldwide, many investors thought they would ride Corning’s dominant cover glass to massive investment returns. That hasn’t played out yet, as mobile growth has failed to offset declines in the company’s core business. In this brand new premium research report on Corning, our analyst walks through the business, as well as the key opportunities and risks facing it today. Click here to claim your copy.
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Source: FULL ARTICLE at DailyFinance