Wolfspeed: Downgrading On Disappointing Outlook - Hold

Group 1 - The article emphasizes the strong performance of the analyst team, highlighting a 10-year track record that demonstrates the ability to outperform across various market conditions with an annualized return of almost 40% and a long-only model portfolio return of over 23x [1] - The focus is on income-oriented investment options for those preferring lower-risk firms with consistent dividend payouts [1] Group 2 - The article serves as an update on Wolfspeed, Inc. (NYSE: WOLF), indicating that previous coverage has been provided and investors should consider this as a continuation of that analysis [2] - The author has expanded coverage to include the offshore drilling and supply industry, as well as the shipping industry, which encompasses tankers, containers, and dry bulk [3]