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Why Our $31 Price Estimate For Cree Is Justified

2015-11-15 13:31:54| Semiconductors - Topix.net

Investors remain concerned largely about the company's shrinking gross margins and slow revenue growth in the LED and the Power and RF segments compared to the year-ago period. However, our stance on Cree remains bullish, as we find the company strongly positioned to tap the LED lighting market, which is set to grow 45% per year through to 2019.

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Category:Electronics and Electrical

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