Sunday, August 7, 2011

Glow of LEDs begins to lure investors

It may seem like one of the most boring investment pitches going. But Credit Suisse and Canaccord Genuity are both convinced that high tech lights made using LEDs are poised to become the next big thing, according to recent reports by the firms.
“Our bullish stance on the market and our belief that the field is relatively open suggests there can be room for several companies to define their niches,” Credit Suisse said in a recent research report on the sector.

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