Corning: Burning Bright

S&P believes demand for the company's LCD panels and fiber-optic gear will grow and rates the stock a strong buy

We contend that Corning (GLW; recent price, $24.71) is well-positioned to benefit from growing demand for liquid-crystal-display panels and fiber-optic telecommunications equipment. By our analysis, Corning's markets for LCD glass panels will remain strong, while the company's investments in facilities and its relationships with leading market-share TV manufacturers should yield higher sales.

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