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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Composite Rating For Corning Rises To 98

Corning saw its IBD SmartSelect Composite Rating rise to 98 Thursday, up from 94 the day before.

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The revised score means the stock currently tops 98% of all other stocks in terms of key performance metrics and technical strength.

Corning is now out of buy range after clearing the 55.33 entry in a consolidation.

The stock earns an 89 EPS Rating, which means its recent quarterly and annual earnings growth tops 89% of all stocks.

Its Accumulation/Distribution Rating of A- shows heavy buying by institutional investors, such as mutual funds and pension funds, over the last 13 weeks.

The company posted a 28% rise in earnings for Q2. Sales growth increased 19%, up from 16% in the prior quarter. That marks one quarter of rising revenue growth.

Corning earns the No. 1 rank among its peers in the Electronics-Miscellaneous Products industry group. InterDigital and Trimble are also among the group's highest-rated stocks.

This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.

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