- Cree ended Q4 and FY2021 with big losses, but the company is doing better than it appears to be upon closer inspection.
- Cree looks to be in a good position when it comes to SiC, especially with more supply coming online and booming market demand.
- The stock has struggled for most of 2021 after rallying early in the year and there are several factors contributing to the decline.
- Cree’s long-term prospects are clouded by growing competition in the SiC market, making long Cree an iffy proposition with multiples where they are.
For further details see:
Cree Ends A Transformative Year On A Mixed Note