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Cabot Stock of the Month
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The Prudent Speculator

Corning: TVs to autos


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by Charles Mizrahi, editor Hidden Values Alert

We’ve kept a close eye on Corning Inc. (GLW) over the past few months. And, we believe, that now the prospects for GLW look even brighter.

The company is the dominant producer of glass for flat screen TVs, computer monitors and smartphones.

Building on the success of “Gorilla Glass”, the specialty glass that goes into more than 600 products used by 600 million people -- including tablets and smartphones -- GLW is expected to announce that they will have the first car window made out of their Gorilla Glass in 2013.

This could provide additional fuel for growth of GLW’s share price. That’s because this new product is expected to have a wide appeal to automakers because it is lighter than traditional glass, which they believe will help with gas mileage.

Penetrating the automotive market -- along with the announcement that they will be introducing an even tougher glass called “Gorilla Glass 3” – offers the potential for GLW to produce even higher returns in the upcoming year.

Learn more about this financial newsletter at Charles Mizrahi, editor Hidden Values Alert.

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