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Technology Stocks : Cree Inc. -- Ignore unavailable to you. Want to Upgrade?


To: Lou Weed who wrote (9920)1/8/2019 8:43:43 AM
From: slacker7111 Recommendation

Recommended By
Lou Weed

  Respond to of 10478
 
Previous management certainly makes Lowe look good. I never was a fan but trying to sell Wolfspeed to concentrate on lighting has to be among the dumbest corporate decisions I have seen in a very long time.

One thing I would like is to hear more from Lowe. Cree doesnt seem to go to investor conferences so there hasnt been a ton of communication from management outside of earnings calls.

I'm a little worried about the impact of the China slowdown on lighting/LED sales, but at this point, I still downturns in Cree's stock as an opportunity to pick up shares for the long-term promise of SiC.

Slacker