Corning: Rebound Seemingly In The Second Half Of 2023 (NYSE:GLW)

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Thesis

Regardless of considerations about short-term points associated to slowing demand for key shopper merchandise equivalent to TVs and smartphones, I stay constructive on Corning (NYSE:GLW) as a result of anticipated development in its Optical and polysilicon options

GLW's historical rev growth and operating margins

GLW’s historic rev development and working margins (Ycharts)

GLW's historical PE ratio

GLW’s historic PE ratio (Ycharts)