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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