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

up 8.23 %

Cree, Inc. (CREE) upgraded to Buy by GARP Research

Posted on: Thursday,  Oct 20, 2011  4:25 PM ET by GARP Research

GARP Research rated Buy Cree, Inc. (NASDAQ: CREE) on 10/20/2011, when the stock price was $24.88. Since
then, Cree, Inc. has gained 8.24% as of 01/20/2016's recent price of $26.93.
If you would have followed this GARP Research's recommendation on CREE, you would have gained 8.23% of your investment in 1553 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.

We are long term investors and all of our recommendations are driven by a single investment philosophy. Whereas most investment research firms build their coverage around industry sectors or corporate finance interests, we simply focus on finding high-quality stocks that we consider to be attractively priced and have the potential to materially appreciate over a two to three year timeframe. All of our recommendations must meet specific criteria of our defined investment philosophy incorporating elements of growth, quality and control of risk. Importantly, we have a multi-year performance record which we believe validates our methodology and points to the thoroughness of our work.
Stock Market Advice
Date/Time (ET)SymbolRatingTermPrice (*)Target
10/20/2011 4:25 PM Buy
as of 12/30/2011
1 Week up  1.75 %
1 Month down  -11.41 %
3 Months down  -11.41 %
1 YTD down  -11.41 %
Previous Recommendations
Date/Time (ET)SymbolRatingTermPrice (*)Target
3/16/2010 10:25 AM Hold

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