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Argus Research says the company's business mix and growth outlook merit a premium valuation.
"While the visits of some of the world's most recognised teams will continue to merit a premium price, there are always opportunities to make Premier League football more accessible.
"Based on Cree's technological innovation, leading LED product line, current strength in revenue and earnings, and multiple significant market opportunities, we believe that Cree shares merit a premium of 22 to 25 times our fiscal 2006 earnings-per-share estimate of $1.40".
Moreover, Apple's business has operating leverage, which means profits should grow faster than sales, meriting a substantial premium to the stock price.
European metal and mining companies trade at about 5.2 times forward Ebitda, but De Beers surely merits a big premium, because it has as much in common with a steel maker as it does with a company like the jewelry retailer Tiffany's, which trades on 11.9 times forward Ebitda.
After eight years of a presidency that valued cronyism over brains (or even competence) and embraced an anti-intellectualism apotheosized by Sarah Palin, it's a godsend to have a president who puts a premium on merit.
Zuckerberg endorsed the merits of ad-supported apps, but never ruled out letting users buy a premium version.
"Space being at a premium, we don't want to squander it on stuff that doesn't merit it," he said.
"Age brings a premium".
A premium car?
Privacy was at a premium.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com