Corning (GLW) Is Still Buyable, Says Jim Cramer

Core Viewpoint - Corning Incorporated (NYSE:GLW) has shown significant stock performance, with a 154% increase over the past year and a 47% increase year-to-date, indicating strong market confidence in the company [2]. Company Performance - Corning reported $4.41 billion in revenue and $0.72 in earnings per share during its fourth quarter [2]. - The company has a multi-year deal with Meta that could generate up to $6 billion in revenue [2]. Analyst Insights - UBS raised Corning's share price target to $125 from $109 while maintaining a Buy rating, reflecting positive sentiment from analysts [2]. - Jim Cramer highlighted the potential for Corning to replace copper with glass in data centers, linking its performance to recent results from data center equipment provider Vertiv [2][3]. Market Position - Corning is recognized as one of the largest electrical components and glass manufacturers globally, positioning it well within the industry [2].