Cramer's Update On Corning (GLW)
Tweet
Share
E-mailGet Alerts GLW Hot Sheet
Price: $160.42 +4.33%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
Revenue Growth %: +17.1%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 0.8%
Revenue Growth %: +17.1%
Join SI Premium – FREE
Lately, Corning (NYSE: GLW) has made a nice run. The stock has run up in part on strength of the LCD market for big-screen TVs.
Corning makes up 6% of his ActionAlertsPlus.com portfolio, but he likes to limit each position in his portfolio to 5%, so when his trade restrictions free up tomorrow, he is planning on selling 1500 GLW.
Now, just so you know, Jim is still a fan of Corning long term, but he says it is prudent to take some profits and lower the Corning percentage he owns in his ActionAlertsPlus.com portfolio.
Corning makes up 6% of his ActionAlertsPlus.com portfolio, but he likes to limit each position in his portfolio to 5%, so when his trade restrictions free up tomorrow, he is planning on selling 1500 GLW.
Now, just so you know, Jim is still a fan of Corning long term, but he says it is prudent to take some profits and lower the Corning percentage he owns in his ActionAlertsPlus.com portfolio.
You May Also Be Interested In
- Bernstein SocGen Group Starts Corning (GLW) at Market Perform
- Selloff in this energy stock is "overdone", Mizuho says
- Best oil and gas stocks to buy in case Hormuz reopens: Citi
Create E-mail Alert Related Categories
Insiders' BlogSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
