E Daily Stock Pick: Corning Inc.

A new portfolio of stocks I started building last Tuesday, September 8, named Vista, will select its second stock this coming weekend. Vista is the sixth portfolio I've built (at a one dividend dog per-week pace) since 2014. Six portfolios = VI for Vista!

Vista is planned to Look Ahead for Outstanding, Proven, Dividend Winners. (Like Aristocrats)

Today we'll review the second of five Technology sector stock candidates vying to be the second selection in the Vista portfolio.

My subject today is an electronic components company named, Corning, Inc. Its trading ticker symbol is GLW. This is my first report on Corning Inc. (GLW) for my new Vista portfolio.I did look at it several times for my previous Volio Portfolio.

Corning is a leading supplier of advanced glass substrates used in LCDs, optical fiber, ceramic substrates, and a variety of other materials science products. Corning operates in five segments: display technologies, optical communications, environmental technologies, specialty materials, and life sciences. The company’s operations and geographic reach span the globe, with most of Corning’s revenue generated in Asia-Pacific.

Corning Incorporated has a strategic collaboration with Intel Corporation to accelerate the availability of 5G in buildings. 

The company was formerly known as Corning Glass Works and changed its name to Corning Incorporated in April 1989. Corning Incorporated was founded in 1851 and is headquartered in Corning, New York.

I use three key data points to gauge dividend equities or funds like Corning Inc. (GLW):

(1) Price

(2) Dividends

(3) Returns

Those three basic keys best tell whether a company has made, is making, and will make money. 

GLW Price

Corning's price per share closed at $32.74 yesterday. A year ago its price was $30.16. Price rose $2.58 or just over 8.5% last year.

If Corning's stock trades in the range of $15 to $40 this next year, its recent $32.74 price might rise by $2.36 to reach $35.00 by September 15, 2021. 

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Disclaimer:  This article is for informational and educational purposes only and should not be construed to constitute investment advice. Nothing contained herein shall constitute a ...

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