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Cree, Inc. (CREE) [hlAlert]

Rating:
Buy CREE
up 1.96 %

Cree, Inc. (CREE) rated Buy with price target $34 by AmTech Research

Posted on: Tuesday,  Sep 23, 2008  9:25 AM ET by AmTech Research

AmTech Research rated Buy Cree, Inc. (NASDAQ: CREE) on 09/23/2008. Previously AmTech Research rated Buy Cree, Inc. (NASDAQ: CREE) on 04/23/2008.,
when the stock price was $26.41. Since then, Cree, Inc. has gained 1.97% as of 01/20/2016's recent price of $26.93.
If you would have followed the previous AmTech Research's recommendation on CREE, you would have gained 1.96% of your investment in 2828 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.

Our focus is to generate profitable ideas through pure fundamental research. Our performance will be measured on the success of our recommendations at making money and saving money for our clients. Our objective is to be helpful during the investment process.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
9/23/2008 9:25 AM Buy
None
26.67 34.00
as of 12/24/2008
1 Week down  -3.67 %
1 Month up  9.59 %
3 Months up  30.31 %
1 YTD up  63.32 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
8/4/2008 12:25 PM Buy
None
17.22 24.00
4/23/2008 9:25 AM Buy
None
26.41 50.00

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