1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
Holly LaFon
Holly LaFon
Articles (6045) 

FPA Capital Comments on Veeco

October 31, 2012 | About:

We reduced Veeco Instruments (NASDAQ:VECO) in the mid-to-high $30s because it approached fair valuation and our channel checks suggested that the metal organic chemical vapor deposition market, used to produce high-brightness LEDs, will remain under pressure for a while longer. We trimmed the position before the stock slid over 20% from its 52-week high.

From FPA Capital’s third quarter commentary.


Rating: 3.1/5 (7 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


dpostelMATERIALS AND INDUSTRIALS
DANGORDONREVENUS 7-29-16
gurufocusHigh quality
letsqueetScreener Test 1
DBrizanaapl & brk beater
kazuMomentam
DBrizanblank customized 29Jul2016
timschenkscreen 28 juli 2016
kkopacz.bizForwardRateOfReturnConsumrDef
jtepper2Beneish+Sloan+AZ

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK