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Corning (GLW) Stock Up 29% in Past Six Months: Reason to Buy?
GLWCorning(GLW) ZACKS·2024-08-26 13:50

Buoyed by a holistic growth model, Corning Incorporated (GLW) is currently trading in the vicinity of its last 52-week high. The stock is currently trading at $41.94, close to its 52-week high of $46.39. The stock has gained 29.4% over the past six months compared with the industry’s growth of 28.2%, outperforming peers like Altice USA, Inc. (ATUS) but lagging Arista Networks, Inc. (ANET) .Corning is likely to benefit from improved demand and commercialization of its innovations. Its capabilities are becomi ...