This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
TheStreet Open House

5 Bargain Bin Stocks You Need to Buy


Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player

First up is specialty glass and ceramics maker Corning (GLW - Get Report). Corning lays claim to some of the most advanced glass technology in the business, providing companies such as Apple (AAPL) with its patented Gorilla Glass for iPhone and iPad screens, and selling leveraging its expertise in manufacturing larger, thinner glass panels to serve other display makers. While Corning operates in a handful of businesses, glass used in displays (for everything from screens to internal components) makes up 40% of revenues.

One possible black cloud for Corning is the iPhone. With investors concerned that a slowdown in Apple's device sales could be around the corner, the reduced shipments are invariably going to trickle down to Corning. But that argument is overblown. Regardless of the handset maker, the touchscreen smartphone isn't going anywhere -- and Corning lays claim to some of the most attractive technology used to fortify glass enough for phone and tablet screens.

>>6 Tech Stocks That Rate Better Than Apple

Corning's exposure to consumer discretionary spending is hinged on mobile devices, flat screen TVs, and LCD monitors, three product segments that aren't slowing down in sales. On the other end of the spectrum, exposure to infrastructure like fiber optic cables and air filters skirts direct exposure to consumers completely.

A price-to-book ratio of just under one and an earnings multiple under ten put Corning squarely in bargain territory. Investors also shouldn't ignore the 2.25% dividend yield shares currently sport.

2 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Try it NOW
Only $9.95
Try it NOW
14-Days Free
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

Our options trading pros provide over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
CME $94.37 -0.44%
GLW $22.66 0.87%
RDC $17.59 -2.60%
TX $17.50 -1.70%
TAP $72.85 0.91%


DOW 17,691.84 +13.61 0.08%
S&P 500 2,057.96 +1.81 0.09%
NASDAQ 4,877.0910 +13.7290 0.28%

Partners Compare Online Brokers

Free Reports

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs