Josh Brown: This 'Low-Key, Misunderstood' Stock Is Just 'Waiting To Be Discovered' As An AI Play
Portfolio Pulse from Adam Eckert
Josh Brown from Ritholtz Wealth Management highlighted Corning Inc (NYSE:GLW) as an overlooked stock with significant potential in the AI and data center sectors. Despite a recent downgrade by Morgan Stanley, Brown believes Corning is poised for a technical breakout and is essential for AI chip production and data center buildouts.
June 13, 2024 | 6:19 pm
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Josh Brown from Ritholtz Wealth Management recommends Corning Inc (NYSE:GLW) as a key player in AI and data center buildouts. Despite a downgrade by Morgan Stanley, Brown sees a technical breakout and significant potential for the stock.
Josh Brown's endorsement highlights Corning's essential role in AI and data center sectors, which could attract investor interest. The recent downgrade by Morgan Stanley is offset by a raised price target, indicating mixed but potentially positive sentiment. The stock's technical breakout and year-to-date performance further support a bullish outlook.
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