Corning is down almost 10% since it reported a good solid quarter.  Market over reaction to say the least.  Corning makes more than 75% of its money overseas, making it a good play in this credit crisis market.  Corning’s European telecommunciation business is really picking up.  With Corning trading around $23 a share and a 19 multiple it seems to be undervalued relative to its sector…Corning is worth a look.

Socialize