Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Shares of Veeco Instruments
So what: Citigroup downgraded Veeco from buy to hold on concerns of a saturated market in China. If Chinese equipment orders come to a standstill, as Citi predicts will happen in the first half of 2011, Veeco's largest market would take a severe blow to its revenues and profitability.
Now what: Citi also downgraded Veeco rival Aixtron
Interested in more info on Veeco Instruments? Add it to your watchlist.
Fool contributor Anders Bylund holds no position in any of the companies discussed here. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool is investors writing for investors.