CREE). According to the most recently released broker notes, 0 analysts have a rating of “strong buy” on the stock, 2 analysts “buy”, 10 analysts “neutral”, 1 analysts “sell” and 1 analysts “strong sell”. 06/20/2017 – Cree ...
Chipmaker Cree is focusing more intently on its LED (light-emitting diode) strategy, announcing the $850 million sale of its power and RF (radio-frequency) division to Infineon Technologies -- news that sent Cree stock flying. On the stock
While Swoboda told analysts acquisitions were still part of the growth strategy when it comes to lighting, they’re now at least a year out, he said. . Cree stock was trading at $22.10 Thursday, up slightly from the 52-week low of $21.85.
Cree, Inc. is a leading manufacturer of LED chips, components and lighting products. In 2010, it recorded revenues of over $1 billion, gross profit of around $500 million and had market share of over 9% in the global $10 billion LED …
Cree had a rough day in the market yesterday, and it seems as though the volatility is continuing through today. The declines happened for good reason. The reality is that investors are ultimately investing for growth. So, earnings is a big …
Stock ratings firm Zacks Investment Research has upgraded its price target for shares of Cree Inc. (CREE), a North Carolina-based lighting products company. (See also: TheStreet Ups Rating of Cree Shares.) Breaking Finance News …
Shares of Cree, Inc. (NASDAQ:CREE) are already trading 85% higher this year, but investors can still expect very attractive long-term gains from this stock based on the company’s new technology and ongoing earnings growth. It’s …
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Durham, N.C. — Chuck Swoboda, the chair and CEO at Cree where he also is a member of the board, is stepping down. He will leave when a successor is found, the Durham-based LED and semiconductor firm says....
The stock has already risen by 19% since I bought it in January, and could have a lot more upside -- if a key investment metric stands up. It's simply the nature of this company's growth trajectory. As Cree pursues more customers, it must …