$52.00
0.30 (+0.58%)
Cree, Inc. (CREE)
CAPS Rating:
The Company is engaged in developing and manufacturing semiconductor materials and electronic devices made from silicon carbide, gallium nitride and related compounds.
RSS Headlines
Fool UK
Recs
Alternative energy is sooo hot right now...and so is energy saving equipment. Congress recently passed a law that will phase out all incandescent light bulbs by 2014. There is of course the new CFL (compact flourescent lightbulb). They do save energy, but contain an unhealthy amount of mercury. A bigger concern for the consumer is that even though they last 3 times as longer and use only 1/5 the energy, they're almost 6 times as expensive!
So what's the alternative? CANDLES!
Just kidding. For this answer i look at the little flash light on my keychain. What is it? Why the LED bulb of course! And who makes this product? Cree Inc is one of the only LED producers that are publicly traded and therefore could potentially be a huge value. Hooray for LED's!