I will always have a soft spot for companies like Corning (NYSE:GLW).
I'm a science geek at heart, and what Corning has accomplished time and
time again in materials science is impressive to say the very least.
But then there's the other side of the equation – brutal competition and
capital spending cycles that create boom/bust cash flows and returns on
capital. Although I do see some risks to the handset and TV markets,
and the free cash flow model doesn't scream “cheap”, I wouldn't bet
against this stock for the long term.
Please read more:
http://www.investopedia.com/stock-analysis/082013/cornings-alwaysfrustrating-mix-opportunity-and-risk-glw-aapl-auo.aspx
No comments:
Post a Comment