Seeking Alpha: Wall Street Continues To Prize FEI Company's Market Share And Growth Prospects

Good companies have a knack for going further than you might otherwise think, and FEI Company (FEIC) is a good case in point. This leading electron microscopy company has continued to impress investors with both its market share and growth potential as electron microscopy becomes increasing relevant to a larger group of end markets. Not exactly cheap back in September, these shares have nevertheless beaten the market in the last five months while rising more than 10%.

It is going to take a pretty ugly set of circumstances for FEI Company to ever look cheap on conventional metrics. I'm not going to argue against strong growth in markets like natural resources and life sciences, nor the growing potential of selling into key emerging markets like China. Instead, I will simply observe that I would be nervous about holding shares when the music stops and the market suddenly reconsiders just how much it is willing to pay for growth and market share, but that may not occur for many years.

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Wall Street Continues To Prize FEI Company's Market Share And Growth Prospects