Is Corning Incorporated Stock a Buy?
Corning Incorporated (NYSE: GLW) is a company with a lot going for it. The material science company has end market exposure to a raft of growth industries, including smartphone and consumer electronics displays, fiber optic networks, life science vessels, and automotive glass. Although there's some cyclicality in Corning's sales, there's little doubt they will grow over the long term. But does it all add up to make the stock a buy? Let's take a closer look.
As you can see below, Corning managed to eke out a 2% year-over-year sales increase in the third quarter -- not a bad result in a pandemic-ravaged period. It stands as testimony to the underlying strength of many of the company's end markets.
Image source: Getty Images.
Source Fool.com
