Corning Stock Is A Technology Value Play
Glass and optical technology products producer Corning (NYSE:GLW) stock has been very resilient as it is only down (-1%) versus down (-23%) for the Nasdaq 100 index. The maker of Gorilla Glass, COVID-19 vaccine vials, and glass substrates used for LED displays and optical fiber, is riding a number of tailwinds despite widespread global supply chain disruptions. The business is spread out through 122 plants located in 15 countries. The CEO stated that the demand for Corning content moving forward has “never been greater”. Glass supply remains tight, but pricing power has enabled Corning to nego...