The Top Technology Materials Stock Benefiting from Rising Inflation

Corning Inc. (GLW) is a New York-based technology company that manufactures specialty glass, ceramics, and other materials for the automotive, telecommunications, and industrial markets. 

Back in July, the company reported strong earnings – fueled by mobile-device and 5G-material demand. 

GLW said its second-quarter earnings per share were $0.53 compared to the anticipated $0.51. The company’s revenue came in at $3.5 billion, beating Wall Street’s estimated $3.4 billion. 

At the time, GLW’s Chief Financial Officer Tony Tripeny said that the company’s sales increased by more than $1 billion from the year prior. He also said its revenue was $500 million higher than it was in the same period in 2019. 

These results, combined with ongoing demand for speciality glasses, pushed Deutsche Bank to give GLW shares a “buy” rating, with a price target of $45. 

This would suggest the company could see 22% upside as we move closer to GLW’s third-quarter earnings date, which is expected to be on October 26.

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$3 EV Play No One's Talking About

This company is a sneaky EV play that no one’s talking about. They’re producing an odd variation on the traditional EV that has consumers raving.

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$30 Stock Freaking Out Billionaires

This stock is an industry leader in a robotics technology that is freaking out billionaires (trading for just $30).

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The Best TaaS Stock Right Now

This company is set to corner the market in a self-driving technology that  could fundamentally change our entire society – much like the internet did.

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$2 Biotech Stock

Steve Cohen, the billionaire stock picker known for running one of the most successful hedge funds ever, has poured millions into the first stock, and it’s trading for only $2.

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