Top Shipping Companies To Buy Right Now: Cree Inc.(CREE)
Cree, Inc. develops and manufactures light emitting diodes (LEDs), LED lighting, and semiconductor solutions for wireless and power applications. Its LED products include blue and green LED chips that are used in various applications, including video screens, gaming displays, function indicator lights, and automotive backlighting; LED components comprising a range of packaged LED products and LED modules for lighting applications; LED lighting products, such as LED downlights, LED troffers, and LED lamps or bulbs for construction, retrofit, and renovation projects in commercial, governmental, and residential applications; and silicon carbide (SiC) wafers, which are used in the manufacture of optoelectronics, microwave, power switching, and other applications. The company also provides semiconductor materials and devices primarily based on silicon carbide (SiC), gallium nitride (GaN), and related compounds. Its power and radio frequency (RF) products include SiC-based power products comprising 600, 1,200, and 1,700-volt Schottky diodes, as well as 1,200-volt SiC metal semiconductor field-effect transistor switches that are used in power factor correction circuits for power supplies in computer servers and other applications, such as solar inverters; and RF devices, including a range of GaN high electron mobility transistors and monolithic microwave integrated circuits for military or commercial applications, as well as 10 watt and 60 watt SiC transistors and metal semiconductor field effect transistor products. The company primarily operates in China, the United States, Europe, South Korea, Japan, Malaysia, and Taiwan. Cree, Inc. was formerly known as Cree Research, Inc. and changed its name in January 2000. Cree, Inc. was founded in 1987 and is based in Durham, North Carolina.
Advisors' Opinion:- [By Lee Samaha]
S! hareholders in lighting company Acuity Brands (NYSE: AYI ) were given a rude reminder of the risk of holding a highly rated stock recently. The company's third quarter results missed estimates and the stock plunged more than 15%. But it might not all be so bad. Acuity's management doesn't give earnings guidance, so Fools should expect some volatility around the results. In addition, the company is attractive for a host of reasons, many of which also apply to Cree (NASDAQ: CREE ) and Hubbell (NYSE: HUB-B ) . Is this a good buying opportunity in Acuity Brands?
- [By Garrett Cook]
Cree (NASDAQ: CREE) shares were also up, gaining 3.94 percent to $52.29. Oppenheimer upgraded Cree from Market Perform to Outperform.
Equities Trading DOWN
- [By FinanceGuru]
LED lighting specialist Cree (CREE) was identified as one of 2014's 50 Smartest Companies in MIT Technology Review's annual list of the world's most innovative technology companies. The company has been growing via breakthrough innovations and improving gross margin, however, the stock price has been inconsistent. Cree's earnings have climbed 54% in each of the last two quarters, but the stock price hasn't reflected this growth and is down almost 23% since August 2013. The drop may be frustrating for Cree investors, but the company's prospects look very strong.
- [By rusticnomad]
After more than a year when an outperformance rating was given on Cree (CREE), it has turned out to be an overachiever with 112% returns. Cree is a LED lighting company which has always focused on delivering the best performance at the lowest cost.
source from Top Stocks For 2015:http://www.topstocksblog.com/top-shipping-companies-to-buy-right-now-3.html
