5 Best Stocks to Buy Before 2022

4. Corning Incorporated (NYSE:GLW)

Number of Hedge Fund Holders: 42  

Corning Incorporated (NYSE:GLW) markets display technologies, optical communications, environmental technologies, and specialty materials. The company recently announced that it was expanding a partnership with AT&T, under which Corning will invest $150 million for optical cable manufacturing in North Carolina. The stock will also benefit from increased government spending into communications infrastructure under the American Jobs Plan. 

Deutsche Bank analyst Matthew Niknam recently initiated coverage of Corning Incorporated (NYSE:GLW) stock with a Buy rating and a price target of $45, noting that the “differentiated and high-quality products” of the firm were becoming part of everyday life. 

Among the hedge funds being tracked by Insider Monkey, Boston-based investment firm Arrowstreet Capital is a leading shareholder in Corning Incorporated (NYSE:GLW) with 5.1 million shares worth more than $209 million.