Jim Cramer Believes GE Is Killing Cree
Jim Cramer believes General Electric will win against rival Cree when it comes to the OLED lighting business.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer believes General Electric (GE) - Get Report will win against rival Cree (CREE) - Get Report when it comes to the OLED lighting business. Cramer said, 'GE I think is killing Cree. Don't forget that GE is a big company and they want to be in this OLED business and I think that Cree going up against GE, well forget about it. We own GE and we want to be bigger in this stock.'
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
