18. Corning

GLW

Corning is the leading producer of LCD displays for computer monitors and televisions, with 60% market share. In 2007, it ranked 57th on our list of Hot Tech Growth companies.

Morningstar says:
Rating:
Current stock price: $10.65
Fair value estimate: $18.00

Analyst comments:
"Since its near-bankruptcy days during the burst of the technology bubble, Corning has reinvented itself as one of the most sophisticated manufacturers of glass and ceramic substrates globally. We think the company's technology know-how gives it a leg up against competitors, but the unattractive characteristics of cyclical markets remain concerning." (Updated 10/16/08)