Jim Cramer Says Corning (GLW) Is the “One I Would Suggest to Start With”

Corning Incorporated (NYSE:GLW) is one of the stocks that Jim Cramer shared his take on. Cramer highlighted the company’s role in the data center business, as he commented:

“And if you really want to own data centre stocks, one of the names that’s been crushed, investment club stock, is Corning, because it’s working to displace copper wiring everywhere, and the data centre is the legitimate copper, ultimate copper backer. That would be the one I would suggest to start with. Start small. We don’t want to miss a possible rotation right back because of the news flow I’m anticipating from OpenAI next week.”

Jim Cramer Says Corning (GLW) Is the “One I Would Suggest to Start With”

Corning Incorporated (NYSE:GLW) develops optical fiber, cables, and related hardware for telecommunications, and produces glass substrates for displays used in TVs, computers, and mobile devices. Moreover, it supplies specialty materials, emission control products, and laboratory equipment. During the October 1 episode, Cramer mentioned the company while discussing noteworthy stocks of Q3, as he stated:

“When you reach number six of the best performers this quarter, you get to a company that I’ve had my eye on for the Charitable Trust, and that company is Corning. This is the finest glass maker in the world. I recently spent a nice chunk of time with Wendell Weeks, he’s the CEO, at this Harrodsburg, Kentucky facility that we went to, where they make the cover glass for your iPhone and Apple Watch.

The Apple contract matters tremendously, but you know what’s driving things right now? The stock’s trading on the fiber optic glass. That’s the best way to move information around in a data center. Glass doesn’t burn so hot, so it’s an ideal conductor. I think it’s almost a foregone conclusion that one day Corning will replace the copper inside the immense clusters of semiconductors, NVIDIA product, in the data center. That would solve some of the heat problems, and it’s why Corning stock rallied 56% in the quarter.”

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.

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