There are a number of stocks that have ripped, not just for a month, but since last [Aug/Sept] >> October. And they are not all tech stocks, by any means.
Look at a chart of BMY, Bristol frickin Myers. +50% since last Aug/Sept. Huh?
STT State Street, even more dramatic. Literally, find me a red day.
Even JPM, of course, the banks have been gluttonous recipients of Fed largesse, this stealth “QE4” thing that has gone on. THAT IS OVER, by the way. JPM looks to be curling over. Just saying. Careful with banks, they’ve had their fun.
I don’t consider CREE a top-tier semi co, by any means. Part of my thinking is that it has lagged while most of the others have skyed, so buying it would be cheap, relatively, for another semi. EARNINGS: 1/29
Great post. Thanks. And I am looking at CREE and thinking of grabbing some