Corning may be fragile now, but...
The stock is a bargain at current levels, but there is a good chance the price could drop further in the near term.
MSN Money is headed for the World MoneyShow in Chicago, Oct. 20-22, and we have a couple of invitations for you:
· First, attend the show at the Hilton Chicago Hotel for free and hear MSN Money columnist Jim Jubak and dozens of other financial pros as they share investment strategies and trading tips designed to help you build a plan for profit in 2012 and beyond. Admission is free for MSN Money readers; just click here to register or phone 800-970-4355 and mention Priority Code 024252.
· Second, if you’re attending the show or will be in the Chicago area on Oct. 20, we’re looking for investors who use financial Web sites to take a close look at what we offer and to help plan our future. We’ll work in small groups to review changes we’ve made recently, what’s coming and what we can add to help you make your financial decisions. Participants will be paid a nominal sum. If you’re interested, email firstname.lastname@example.org for a questionnaire.
Today, Corning is a global leader in five vital market segments: glass for tv's, monitors, laptops; ceramics for emission control systems; fiber optics for telecommunications; optical sensors for the biotech industry and specialty glass for labs. If we get a Republican President in 2012, this stock will fall off a cliff. There will be massive cuts to the military and government sectors, taxes will rise and a continued recession will take place. Consumer goods will take a huge hit. Digital streaming is the wave of the future and I can't see cable companies growing and laying down more fiber optics in a recession. Biotech was hot but Republican funding for stem cell research? Not happening. The only sector that might do well will be specialty glass as young people give up on finding a job and borrow heavily via student loans to attend college. This stock is a loser and will be stagnant for years to come.
Copyright © 2014 Microsoft. All rights reserved.
Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.
As geopolitical tensions threaten to spin out of control, investors are wondering how best to position their portfolios for the global turmoil.
VIDEO ON MSN MONEY
Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.
Contributors include professional investors and journalists affiliated with MSN Money.
Follow us on Twitter @topstocksmsn.