Here’s Why You Shouldn’t Abandon GT Advanced Technologies Inc (GTAT)… Yet

As I mentioned in December, however, we can be sure Gorilla Glass creator Corning Incorporated (NYSE:GLW) will have something to say about that. After all, Corning has placed huge bets on its specialty materials segment — and has the deep pockets to back them up. In fact, Corning’s unrivaled ability to survive and thrive in any market is one big reason I think the stalwart could be a great stock to own for the next 50 years. Even still, that doesn’t mean GTAT can’t give the glass behemoth a run for its money, and sapphire wouldn’t need to take much market share to make a big difference for the comparatively tiny company.

Foolish final thoughts
As Warren Buffet says, “If you wait for the robins, spring will be over.” It’s safe to say, then, investors will be on the edge of their seats over the next few quarters to see if there are any signs of improvement from the markets in which GTAT is involved.

While there’s plenty of risk in holding shares of GTAT — even given today’s rock-bottom valuation — when the light at the end of the tunnel finally appears, patient long-term investors could be handsomely rewarded as the stock quickly climbs back to more normal levels.

The article Here’s Why You Shouldn’t Abandon This Solar Equipment Stock… Yet originally appeared on Fool.com and is written by Steve Symington

Fool contributor Steve Symington has no position in any stocks mentioned. The Motley Fool recommends Corning. The Motley Fool owns shares of Corning.

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