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Enter Symbol:
Cree, Inc. (CREE) [hlAlert]

up 21.08 %

Cree, Inc. (CREE) rated Buy with price target $42 by Cantor Fitzgerald

Posted on: Wednesday,  Jan 23, 2013  8:25 AM ET by Cantor Fitzgerald

Cantor Fitzgerald rated Buy Cree, Inc. (NASDAQ: CREE) on 01/23/2013. Previously Cantor Fitzgerald rated Buy Cree, Inc. (NASDAQ: CREE) on 08/14/2008.,
when the stock price was $22.24. Since then, Cree, Inc. has gained 21.09% as of 01/20/2016's recent price of $26.93.
If you would have followed the previous Cantor Fitzgerald's recommendation on CREE, you would have gained 21.08% of your investment in 2715 days.

Cree, Inc. is a market-leading innovator and manufacturer of semiconductors that enhance the value of solid-state lighting, power and communications products by significantly increasing their energy performance and efficiency. Key to Cree's market advantage is its world-class materials expertise in silicon carbide and gallium nitride for chips and packaged devices that can handle more power in a smaller space while producing less heat than other available technologies, materials and products. Cree drives its increased performance technology into multiple applications, including exciting alternatives in brighter and more-tunable light for general illumination, backlighting for more-vivid displays, optimized power management for high-current switch-mode power supplies and variable-speed motors, and more-effective wireless infrastructure for data and voice communications. Cree customers range from innovative lighting-fixtures makers to defense-related federal agencies.

Cantor U.S. Equity Research provides timely and insightful opinions on select stocks. We look at key drivers of the stock price, including company and industry fundamentals, capital markets influences and overall economic trends to provide critical and in-depth analysis. Our focus is on small and mid-cap companies in the following sectors: * Marine Transportation * Life Sciences * Clean Technology & Energy Efficiency * Real Estate * Communications Technology * Internet * Enterprise Software
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
1/23/2013 8:25 AM Buy
39.70 42.00
as of 12/13/2013
1 Week down  -3.37 %
1 Month down  -3.34 %
3 Months down  -5.46 %
1 YTD up  65.00 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/15/2012 8:25 AM Buy
25.45 42.00
8/14/2008 8:25 AM Buy
22.24 30.00

(*) Stock Price at the time of the recommendation.
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