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Corning (GLW) Is Still Buyable, Says Jim Cramer

We recently published 13 Stocks Jim Cramer Talked About.  Corning Incorporated (NYSE:GLW) is one of the stocks that Jim Cramer talked about.

Corning Incorporated (NYSE:GLW) is one of the largest electrical components and glass manufacturers in the world. Its shares are up by 154% over the past year and by 47% year-to-date. UBS discussed Corning Incorporated (NYSE:GLW) in late January. The bank raised the share price target to $125 from $109 and kept a Buy rating on the stock. It outlined that Corning Incorporated (NYSE:GLW)’s management had indicated that the firm could secure additional deals for its optical business. During its fourth quarter, the glass products manufacturer had reported $4.41 billion in revenue and $0.72 in earnings per share, with management commenting that Corning Incorporated (NYSE:GLW)’s multi-year deal with Meta would be worth as much as $6 billion in revenue. As for Cramer, the CNBC TV host has asserted several times recently that the firm can end up replacing copper with glass inside data centers. In a tweet about Corning Incorporated (NYSE:GLW) on February 11th, he tied the firm’s performance with data center equipment provider Vertiv’s recent results:

“Those Vertiv orders were incredible..Great for Club Names Corning, Eaton, GEV. Still buyable!!”

While we acknowledge the risk and potential of GLW as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than GLW and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.

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When Jeff Bezos said that one breakthrough technology would shape Amazon’s destiny, even Wall Street’s biggest analysts were caught off guard.

Fast forward a year and Amazon’s new CEO Andy Jassy described generative AI as a “once-in-a-lifetime” technology that is already being used across Amazon to reinvent customer experiences.

At the 8th Future Investment Initiative conference, Elon Musk predicted that by 2040 there would be at least 10 billion humanoid robots, with each priced between $20,000 and $25,000.

Do the math. According to Musk, this technology could be worth $250 trillion by 2040.

Put another way, that’s roughly equal to:

  • 175 Teslas
  • 107 Amazons
  • 140 Metas
  • 84 Googles
  • 65 Microsofts
  • And 55 Nvidias

And here’s the wild part — this $250 trillion wave isn’t tied to one company, but to an entire ecosystem of AI innovators set to reshape the global economy.

It’s a leap so massive, it could reshape how businesses, governments, and consumers operate worldwide.

Even if that $250 trillion figure sounds ambitious, major firms like PwC and McKinsey still see AI unlocking multi-trillion-dollar potential.

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  • Bill Gates sees artificial intelligence as the “biggest technological advance in my lifetime,” more transformative than the internet or personal computer, capable of improving healthcare, education, and addressing climate change.
  • Larry Ellison — through Oracle, is spending billions on Nvidia chips and partnering with Cohere to embed generative AI across Oracle’s cloud and apps.
  • Warren Buffett — not known for tech hype — says this breakthrough could have a ‘hugely beneficial social impact.

When billionaires from Silicon Valley to Wall Street line up behind the same idea — you know it’s worth paying attention to.

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