Corning's stagnant ROCE and capital employed indicate a matu...
Corning's stagnant ROCE and capital employed indicate a mature business not reinvesting its earnings. The stock's 12% return in five years suggests awareness of these trends. A substantial change in ROCE and investment strategy is needed for it to be a multi-bagger.
Corning's (NYSE:GLW) Returns Have Hit A Wall
Disclaimer: The above information does not represent the views of Moomoo Technologies Inc. (MTI) or constitute investment advice related to MTI and its affiliates.
Read more
Comment
Sign in to post a comment