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Truist Upgrades Corning to Buy

Truist upgrades Corning to buy from hold

GLW

GLW Truist upgraded Corning to buy from hold.

With shares down some 45% since the start of July, analysts said the better entry point they had been waiting for has arrived.

They also said spending on Corning's fiber Optics for data Centers remains firm.

That's why we own it for the Club.

This stock has had one of the most hellacious downturns, despite sticking to its multiyear growth plan.

I did not see a weak quarter, just a weak stock and excuses for it.

We upgraded last week. - per Cramer Investing Club Newsletter