Five companies with huge exposure to China


Corning (GLW) manufactures and sells specialty glasses and related materials to the tech industry, with the company getting roughly 22 percent of its total sales from China. The stock has trended steadily lower since early 2018, but shares have enjoyed a small rally over the last week as optimism has increased that the U.S. and China will be able to work amicably as the two nations tackle the difficult job of trade talks. The company delivered better than expected quarterly numbers in the latter part of April, which is also helping drive shares higher. GLW trades at $28.02, well below its $32.93 average price target.

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Michael Fowlkes

Michael Fowlkes

Michael Fowlkes is a financial writer who has been with the Fresh Brewed Media family since 2004. Over the course of his tenure with Fresh Brewed Media, he has worn many hats, including portfolio manager, options analyst, and writer. Michael received his undergraduate degree from Virginia Tech in Accounting and got his start in finance working as a stock trader for six years at Chase Investment Counsel in Charlottesville, Va.

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