Key Innovations, Expansion and Partnerships Charging Upward - Research Report on Cree, Himax Technologies, MEMC Electronic Materials, Veeco Instruments, Trina Solar
NEW YORK, March 8, 2013 /PRNewswire/ --
Today, Investors Alliance announced new research reports highlighting Cree, Inc. (NASDAQ: CREE), Himax Technologies, Inc. (NASDAQ: HIMX), MEMC Electronic Materials, Inc. (NASDAQ: WFR), Veeco Instruments Inc. (NASDAQ: VECO) and Trina Solar Limited (NASDAQ: TSL). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Cree, Inc. Research Report
Shares of Cree rallied 14 percent after the company introduced its latest product, the CREE LED Bulb. According to Cree Chairman and CEO, the LED bulb is "designed to offer consumers a no-compromise lighting experience at a compelling price… this breakthrough LED bulb will, for the first time, give consumers a reason to upgrade the billions of energy-wasting light bulbs." Expecting this product to be a big hit, the company raised its adjusted earnings guidance for the third quarter to the range of 31 to 36 cents per share from the prior forecast of 30 to 35 cents. The company also raised its revenue guidance to $350 million from $335. Cree's unabashed enthusiasm about this game-changing product may be an encouraging sign for investors. The Full Research Report on Cree, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/ca2f_CREE]
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Himax Technologies, Inc. Research Report
Himax Technologies shares jumped 18 percent following the speculation that the company may become Google's primary provider of microdisplays, the key component that allows users to view computer-generated data on glasses. At the TED 2013 conference last Feb 27, Google co-founder Sergey Brin announced that the product would be available as early as the 2013 holiday season, as opposed to being released in early 2014. If Himax Technologies does turn out to be Google's supplier, this may bring the company to new heights after Google starts selling its exciting new product. The Full Research Report on Himax Technologies, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/9237_HIMX]
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MEMC Electronic Materials, Inc. Research Report
Earlier this year, MEMC subsidiary SunEdison signed an agreement with Chilean mining and steel group CAP to build the largest solar plant in Latin America. The plant is designed to have a 100MW capacity and will be expected to generate 270 GWh of clean energy during its first year of operations. The first phase of the project is expected to be completed by the end of the year. This project further solidifies the company's leading position in the Latin American market. Going forward, MEMC is looking to reduce costs and capitalize on the declining costs of solar materials through a flexible sourcing strategy. The Full Research Report on MEMC Electronic Materials, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/ea9d_WFR]
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Veeco Instruments Inc. Research Report
Veeco recently reported selected fourth quarter 2012 results, with bookings for the quarter totaling $92.3 million, up from $83.7 million in the third quarter. The company also emphasized that its unit shipments and operating expenses have gone as planned. Moving forward, Veeco will continue investing in new products, especially in LED and data storage, as it expects demand to increase further. Most recently, Veeco won a deal with NANEO Precision IBS Coatings to provide SPECTOR Ion Beam Depositions for a range of applications like high power lasers and spectroscopy. The company's new bookings remain encouraging. The Full Research Report on Veeco Instruments Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/3813_VECO]
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Trina Solar Limited Research Report
Trina Solar recently reported that its gross profit totaled $5.6 million, up 139.1 percent sequentially, while its revenue reached $302.7 million, up 1.6 percent sequentially. The company's focus on profitable sales, inventory management and expense reductions allowed it to achieve positive operating cash flows. Moving forward, Trina Solar is working to further decrease module and total system costs and deliver innovative products through partnerships. The company also sees an increased demand for solar energy in Africa, the Americas and the Middle East. Trina Solar is positioning itself to capitalize on these markets to drive further growth. The Full Research Report on Trina Solar Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at: [http://www.investors-alliance.com/r/full_research_report/7993_TSL]
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SOURCE Investors-Alliance
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