A bright idea: CREE

CREE (stock symbol CREE) is along the lines of ENER, similar sizes and similarly posed for the future. The difference is, however, that unlike ENER, CREE does mostly 1 thing: LED lights, the lights that are taking over the world: they are now used in cars, stoplights, and are making their way into houses. They also make the screens we see in cell phones and Ipods. As far as I can tell, they have a sort of vertical monopoly. According to their website, they are "the world leader in the development and manufacture of silicon carbide (SiC), a base material used in the fabrication of the company's products and materials." Their product is basically a solid-state lighting making it much more efficient. They are also the largest producer of this product. A recent article on the Motley Fool (dec 14) website also seems to thing that Cree is a bright idea because of the US Department of Energy's mandate to improve energy consumption. My advice, at 26.18 it is a strong buy.