Valued at a market cap of $44.5 billion, Corning Incorporated (GLW) engages in display technologies, optical communications, environmental technologies, specialty materials, and life sciences businesses. The Corning, New York-based company produces advanced glass substrates that are used in a large number of applications across multiple markets.
This tech company’s shares have significantly outpaced the broader market over the past 52 weeks. GLW has soared 66.5% over this time frame, while the broader S&P 500 Index ($SPX) has gained 22.6%. Moreover, the stock is up 12.1% on a YTD basis, compared to SPX’s 3.1% rise during the same time frame.
