Three Oversold Stocks To Consider Buying: Apple Inc. (AAPL), Time Warner Cable Inc (TWC), and More

Besides, the successor candidate Rob Marcus is quite capable of handling such a responsibility, in my opinion. The company has little exposure to the European debt crisis, and it has been breasting the tape in recent years via stock buybacks. Analysts are optimistic about Time Warner as well–no calls have been downgraded by the analysts yet. The mean target price is $111.40, indicating a 23.4% increase in the mid-term. Assets and cash flow seem alright. Return on equity is 28.9%, way above the industry average of 18.4%.

Cable operators are struggling to keep up with increased competition, so Time Warner can save its future if it sticks to innovation. Time Warner has long been a winner in its industry, and I believe Time Warner’s position in the market is good enough to generate solid cash flows in the near future. However, an innovation campaign will be needed for a long-term performance.

Finally, let’s look at a company with much less speculation: Corning Incorporated (NYSE:GLW).. Corning is famous for its durable, resistant product “Gorilla Glass,” widely used for displays and touchscreens. RBC Capital and Barclays have downgraded their calls on Corning recently, which might be because of overstocked LCD inventory and margin pressures in some glass products.

The stock double-bottomed recently, and there’s still no solid progress–Corning is literally stuck between the $12-$12.50 interval. However, investing in this name has not been exciting for the past couple years, excluding some sharp movements. This is the type of stock for a patient investor. Dividends have been rising steadily since November 2011, and revenue and assets have been skyrocketing for the last three years. Price-to book value is 0.8, nearly half the industry average of 1.5.

Corning’s performance is mostly related to the sales numbers of the smartphones using Gorilla Glass. As long as the smartphone wars are not over, Corning is not over. Count on this stock and you’ll be fine.

The article Three Oversold Stocks To Consider Buying originally appeared on Fool.com and is written by Cagdas Ozcan.

Copyright © 1995 – 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.