In one of my latest articles for The Motley Fool, I focus on a stock that is likely in the midst of a turnaround. Such companies are often rewarding investments in times of heightened market volatility, like we are seeing now.
After a series of earnings disappointments, Cree (CREE), developer and manufacturer of LED lighting and semiconductor products, finally gave investors something to cheer about. The company beat the consensus revenue and EPS estimates and issued solid guidance. Furthermore, management's plan for future growth seems viable and robust.
Click here to read more. Enjoy!