Jim Cramer’s a Believer in Corning (GLW) & Data Centers

Published on May 2, 2026 at 2:11 am by Ramish Cheema in News

We have recently shared Jim Cramer Made A Big Prediction About OpenAI & Discussed These 20 Stocks. Corning Incorporated (NYSE:GLW) is one of the stocks discussed by Jim Cramer.

Glass manufacturer Corning Incorporated (NYSE:GLW) is one of Jim Cramer’s favorite data center stocks, as he believes that the firm’s aim to replace copper with glass in the large-scale computing facilities can be a game-changer. Additionally, the CNBC TV host also praised the firm’s close relationship with Apple last year as the latter invested in its factories. Bank of America discussed Corning Incorporated (NYSE:GLW)’s shares on April 20th. It raised the share price target to $186 from $155 and kept a Buy rating on the shares. BofA commented that it expects the glass company to deliver $9.49 in earnings per share in calendar year 2030. Similarly, Morgan Stanley also raised the share price target. It bumped the target to $140 fro $127 and kept an Equal Weight rating on the stock and commented that it did not expect enthusiasm for the sector to drop. Cramer continued to assert that Corning Incorporated (NYSE:GLW) will be a winner:

“I got to tell you, the winner will be glass, it’ll be fiber in the end, that’s Corning. Big position in my charitable trust.”

“Now fiber is going to take over, remember, that’s . . .Corning, also remember that Jensen took stakes in. . .I do think that Jensen’s buys that we should talk about.”