GLW - 1 Under-the-Radar Artificial Intelligence (AI) Stock Most Investors Might Be Overlooking
2024-07-11 06:00:00 ET
Artificial intelligence (AI) is the dominant theme in the stock market. Many investors are focused on a narrow group of leading AI stocks, like Nvidia , Microsoft , and Amazon . However, they might be overlooking great opportunities at the smaller end of the market.
Corning (NYSE: GLW) is a technology company that manufactures components for consumer electronics, medical equipment, data centers, and more. With a market capitalization of just $36.8 billion, Corning doesn't get as much attention as the trillion-dollar giants, but it's playing an increasingly important role in the AI boom.
The company will report its financial results for the second quarter of 2024 (ended June 30) on July 31, but management just told investors its revenue will come in much higher than originally expected. Here's why Corning is an AI stock to consider buying now.
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1 Under-the-Radar Artificial Intelligence (AI) Stock Most Investors Might Be Overlooking