Shedding Some Light on Cree’s Valuation
May 12, 2010 at 12:04 PM EDT
Cree, Inc (CREE), maker of energy efficient lighting products, has been on an absolute tear for more than a year now. It’s hard to believe that in December of 2008 the stock fell to as low as $13 and change, but in the ensuing year and a half the stock has appreciated 600%. [...]