GLW

An investment firm plans to purchase 220 shares of Corning (GLW) at $83, increasing its position due to a post-earnings report dip. Despite exceeding overall expectations with 14% core sales growth and better-than-expected EPS, Corning’s stock fell due to a slight miss in Optical Communications revenue. The firm views the pullback as a buying opportunity, citing strong growth in enterprise sales (driven by AI data center integration) within Optical Communications, robust Specialty Materials sales, and the “Springboard” plan. The firm believes in Corning’s long-term growth potential.