- Cree has been struggling with losses and shrinking revenue, which explains why Cree has decided to make major changes to turn things around.
- Cree believes it has a solution for its predicament, although more spending will be needed and probably more losses as well.
- There are a couple of reasons why the stock has outperformed even though the company is losing money and trading at very high multiples.
- Betting on Cree requires setting aside the present to focus on the future, but that may not necessarily be the right move.
For further details see:
Cree Is Betting On The Future Even If The End Results Are Up In The Air