Get Articles Daily from StraightStocks - Enter Email Address


  • National Debt Clock






Guy Adami’s (CNBC Fast Money Trader) Favorite Tech Stock

Posted on Friday, July 11th, 2008 | In Current Market News, Stocks to Watch
Contributed by: CEO Blogger (http://ceoblogger.wordpress.com) -

Guy Adami sees a blue-ribbon winner amid all these tech disasters:

Corning

ORNING INC
GLW
20.20 0.04 +0.2%
NYSE

Quote |  Chart |  News |  Profile

a. This very old dog used to make light bulbs and cookware but now its new trick is one of the hottest things going in tech right now. Corning is the biggest maker of glass for flat-panel TV’s.

b. Why does that matter? Because the LCD market gravy train is expected to double in the next four years. And on Thursday, Wal-Mart confirmed the trend saying HDTV sales have jumped by double digits.

c. At 11 times forward earnings the valuations are very compelling

d.  Corning has a 58% market share in the LCD space and Merrill upgraded them Thursday.

Track Guy Adami’s stock picks at:

http://www.trackthepros.com/categories.php?category_id=158

Last 5 posts by CEO Blogger
About CEO Blogger (http://ceoblogger.wordpress.com)
CEOBlogger helps investors evaluate companies.

DISCLAIMER

The commentary on this blog is not meant to be taken as an investment advice. The author is not a registered investment adviser. There is no substitute for your own due diligence. Please be aware that investing is inherently a risky business and if you chose to follow any of the advice on this site, then you are accepting the risks associated with that investment.

The Author may have also taken positions in the stocks that are being discussed and the author may change his position at any time without warning.

With this in mind, I hope you do enjoy the posts and the views presented here and hopefully it generates some profitable ideas for your investments.

Leave a Reply

Name

Email (kept private)

Website









Related Posts

»CNBC Bonus Bucks Trivia: In June 5’s “Web Extra: Suspicious Stock” which Fast Money trader wanted to share his/her investment doubts?
»CNBC Bonus Bucks Trivia: On May 6, Fast Money asked “Is The Housing Crisis Over?” Guy Adami said the best trade was:
»CNBC Bonus Bucks Trivia: Fast Money talked oil plays in the article, “At $133 Who Wins?” What was Guy Adami’s trade?

No recommendations, either expressed or implied, are being made to buy, sell, hold or short any of the mentioned stocks. No legal, tax or accounting advice is expressed or implied. Always contact your attorney, CPA, or tax advisor before acting on any legal or tax issues. StraightStocks.com is not responsible for the content, products, or services of any of the advertisers on this site. StraightStocks.com receives compensation from advertisers on this blog. Services and products referred to herein are trademarks, registered trademarks, servicemarks, and/or registered servicemarks of their respective trademark or servicemark owners.