Did Jim Cramer Nail or Miss These 11 Stock Predictions?

8. Corning Incorporated (NYSE:GLW)

Number of Hedge Fund Holders: 67

Back in that episode, a caller asked whether Corning Incorporated (NYSE:GLW) could benefit from the AI and data center boom. Cramer was skeptical given the company’s long-term track record:

“I’ve loved Corning. I used to call in that area up there with the horse heads — that’s the name of the town, Corning, New York. But I’ve got to tell you, this company has failed ever since 1999–2000 when it over-earned. It has not been able to generate the kind of return I’ve wanted. I would not be a buyer all the way up here. I just can’t come up with a thesis.”

Cramer was wrong here as Corning rallied 33.89% after he dismissed it. Corning Incorporated (NYSE:GLW) is capitalizing on demand for specialty glass and optical technologies driven by AI data centers and high-speed connectivity.