Great For Corning – New EPA Regulations a Boon For GLW
I have been a big fan (and owner) of Corning for a number of years now. I own some in my traditional account and a couple of retirement accounts.
I have been making the case for the company, and a market that they own a huge share of, taking shape. They are the leader in emissions and pollution control. There are products produced by Corning that you wouldn’t imagine.
As a leader in the emission space, any future EPA regulation regarding smokestack gases will help Corning. They are in a market, as the leader, where they don’t have to grow share because the market itself is growing. They can grow this division of the business by hundreds of millions over the next couple of years thanks to the regulations that most people felt Democrats would put into place.
If it weren’t for this little “economic meltdown” thing, this probably would have happened sooner. You are getting GLW at a very good price right now. If you have some funds to invest, it might make sense to break your buy into 2 transactions. Should we experience an October crash, you will be able to get in at an even better price.
EPA moves to regulate smokestack greenhouse gases
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