LED

The case for selling Cree, Inc. (NASDAQ: CREE)'s stock no longer applies as the manufacturer of lighting products is "picking up momentum," according to Goldman Sachs. The Analyst Goldman Sachs' Brian Lee upgraded Cree's stock rating from Sell to Neutral with a 12-month...

UBS said in a research note that it's keeping a Sell rating on the shares of Cree, Inc. (NASDAQ: CREE) until total sales growth returns to 20 percent to justify its current premium multiple of 42 times. 3Q Results Analyst Stephen Chin noted the company's September quarter results were in line with...

Pacific Crest analysts Daniel Baksht and Weston Twigg favor Veeco Instruments Inc. (NASDAQ: VECO) over Cree, Inc. (NASDAQ: CREE) in the LED sector. Both analysts believe they are "on the cusp of a positive inflection in the lighting industry." The two analysts also feel both companies have...

Cree (NASDAQ: CREE) manufacturers high-brightness Light Emitting Diodes (LEDs) that are marketed exclusively through Home Depot. Hendi Susanto of Gabelli & Company upgraded Cree from Hold to Buy on Thursday, the same day the company increased the value of its existing share buyback program...

Light-emitting diodes, or LEDs, are often touted as a new technology; but in truth they've been around for a half-century or more. It's only been in the past several decades that they've been able to catch up and surpass a lot of the more traditional electric light sources we've used....

The race for overall light-emitting diode (LED) production is on, as the new, energy-efficient lighting technology gains momentum worldwide LEDS are quickly becoming a widespread and less-expensive alternative to incandescent and florescent lighting. Last month, Taiwan's Digitimes reported...

Google (NASDAQ: GOOG) is obsessed with speed. So said Google chief financial officer, Patrick Pichette, during the Goldman Sachs Technology and Internet Conference as reported by USA Today. Part of that “speed obsession” is currently being manifested in somewhat feverish attempts to develop and...

2014 might end up being remembered as The Year of the LED. On New Year's Day, as part of the energy efficiency standards introduced by the Energy Independence and Security Act of 2007, the federal government enacted the final phasing out of incandescent lightbulb technology in the U.S. The...

In what might be considered part of a continuing response to critics who accuse Apple (NASDAQ: AAPL) of farming out most of its production overseas, the company announced Monday it was building a new plant in Mesa, Arizona, according to Reuters. The new plant will employ 700, with another 1,300...