1. As of noon trading, Corning ( GLW) is up $0.09 (0.8%) to $12.31 on light volume Thus far, 3.8 million shares of Corning exchanged hands as compared to its average daily volume of 14.9 million shares. The stock has ranged in price between $12.19-$12.33 after having opened the day at $12.19 as compared to the previous trading day's close of $12.22. Corning Incorporated produces specialty glasses, ceramics, and related materials worldwide. The company operates in five segments: Display Technologies, Telecommunications, Environmental Technologies, Specialty Materials, and Life Sciences. Corning has a market cap of $18.0 billion and is part of the technology sector. The company has a P/E ratio of 9.6, below the S&P 500 P/E ratio of 17.7. Shares are down 6.4% year to date as of the close of trading on Tuesday. Currently there are 11 analysts that rate Corning a buy, 3 analysts rate it a sell, and 4 rate it a hold. TheStreet Ratings rates Corning as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures and expanding profit margins. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity. Get the full Corning Ratings Report now. EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass If you are interested in one of these 3 stocks, ETFs may be of interest. Investors who are bullish on the electronics industry could consider iShares Dow Jones US Technology ( IYW) while those bearish on the electronics industry could consider ProShares Ultra Short Semiconductor ( SSG). A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.