Time to Step Into Aixtron

Over the last year, shares of Cree (CREE) have risen significantly, and have seriously outperformed both the S&P 500 and the Nasdaq Composite Index. All told, the stock is up more than 190% over the last year. This company makes light-emitting-diode (LED) chips and lamps, and the lift in the shares has indeed been fueled by the continued growth in smartphone, tablet and television backlighting markets.

However, another driver to the stock price has been the company's inroads within the general illumination market. That's right -- you can march over to Home Depot (HD) and get a Cree 60-watt LED light bulb for roughly $75, or you can go get a 50-watt one from Philips (PHG) for $30. Either way, the LED industry is firmly marching into the general illuminating market that is billions of dollars in size. In fact, from time to time we'll hear rumors that Cree has become a takeout target for such firms as General Electric (GE)....526 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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