Material science company Corning‘s (NYSE: GLW) sales came roaring back in the fourth quarter and the company looks set for a very strong year. The company has a lot of good things going for it at the moment, but does it all add up to make the stock a buy? Let’s take a closer look.
The table below outlines the progression of the recovery in Corning’s sales in the second half of 2020. The company also has many positive sales drivers in place to take it through 2021 and beyond. If it isn’t 5G networking spending, it’s the use of Corning’s Gorilla Glass and ceramics in mobile phones from Samsung and Apple. If it’s not large-size television panel production, it’s gasoline filter sales.