Corning (GLW) Is Up 3.27% in One Week: What You Should Know

Group 1: Momentum Investing Overview - Momentum investing involves following a stock's recent trend, with the aim of buying high and selling even higher [1] - The Zacks Momentum Style Score helps define momentum characteristics, with Corning (GLW) currently holding a Momentum Style Score of A [2] - Style Scores complement the Zacks Rank, which has a strong track record of outperformance; GLW has a Zacks Rank of 2 (Buy) [3] Group 2: Corning's Performance Metrics - GLW shares have increased by 3.27% over the past week, outperforming the Zacks Communication - Components industry, which rose by 0.16% [5] - Over the past quarter, GLW shares have risen by 49.19%, and by 74.76% over the last year, compared to the S&P 500's increases of 8.73% and 17.21% respectively [6] - The average 20-day trading volume for GLW is 10,055,695 shares, indicating a bullish sign with rising stock prices [7] Group 3: Earnings Outlook - In the past two months, 5 earnings estimates for GLW have moved higher, with no downward revisions, increasing the consensus estimate from $2.35 to $2.47 [9] - For the next fiscal year, 5 estimates have also moved upwards, indicating positive sentiment [9] Group 4: Conclusion - Given the strong performance metrics and positive earnings outlook, GLW is positioned as a 2 (Buy) stock with a Momentum Score of A, making it a promising near-term investment [11]