Investopedia: Corning's Always-Frustating Mix Of Opportunity And Risk

I will always have a soft spot for companies like Corning (NYSE:GLW). I'm a science geek at heart, and what Corning has accomplished time and time again in materials science is impressive to say the very least. But then there's the other side of the equation – brutal competition and capital spending cycles that create boom/bust cash flows and returns on capital. Although I do see some risks to the handset and TV markets, and the free cash flow model doesn't scream “cheap”, I wouldn't bet against this stock for the long term.

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