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   Technology StocksCree Inc.

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From: slacker7113/20/2019 7:49:30 AM
   of 10228
JMP Securities Upgrades Cree (CREE) to Market Outperform
March 20, 2019 2:08 AM EDT Send to a Friend
JMP Securities analyst Joseph Osha upgraded Cree (NASDAQ: CREE) from Market Perform to Market Outperform with a price target of $74.00

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To: slacker711 who wrote (9962)3/20/2019 8:37:14 AM
From: slacker711
   of 10228
Cree +3% after upgrade on "dominant" position
Mar. 20, 2019 8:26 AM ET|About: Cree, Inc. (CREE)|By: Brandy Betz, SA News Editor
JMP Securities upgrades Cree (NASDAQ:CREE) from Market Perform to Market Outperform with a $74 PT citing the recent sale of the lighting business and its "dominant" position as a silicon carbide material supplier.

Cree shares are up 2.7% pre-market to $58.85.

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From: slacker7114/9/2019 5:29:17 PM
2 Recommendations   of 10228

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To: slacker711 who wrote (9964)4/12/2019 8:52:54 AM
From: Lou Weed
1 Recommendation   of 10228
EV is going to be the platform to really validate the SiC MOSFET as a viable high volume option. This should drive costs down over the coming years to open the door to applications that are just not quite there yet with the value add this technology brings.....UPS, motor drives for example. The future looks good....


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From: slacker7114/12/2019 10:11:13 AM
1 Recommendation   of 10228
This entire article is a must read. It highlights the long-term opportunity but also some of the dangers from their own customers. On Semi has also talked about their drive towards vertical integration of their SiC supply chain.

ST Bets Future on Silicon Carbide
By Nitin Dahad, 04.01.19


Speaking at the heart of its SiC plant in Catania last week, Marco Monti, president of ST’s automotive and discrete group, said he believed 50% of the power semiconductors market in 30 years will be based on SiC. While the company currently outsources the supply of ingots and substrates (with the epitaxy and wafer processing carried out in Catania) he said ST wants to have more control of the supply chain and bring it internal.

Monti said while ST already has plans to further integrate Norstel into its supply chain, the company isn’t ready to disclose them, saying it may reveal more at its capital markets day in May. He said the alliance with Cree is important, and the ambition is to be more vertically integrated. While its SiC is currently on 6-inch wafers, it intends to use its Norstel and local research links to push to 8-inch slices, probably by 2025.


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From: slacker7114/12/2019 2:27:12 PM
3 Recommendations   of 10228
The crossover point — when electric vehicles become cheaper than their combustion-engine equivalents — will be a crucial moment for the EV market. All things being equal, upfront price parity makes a buyer’s decision to buy an EV a matter of taste, style or preference — but not, for much longer, a matter of cost.

Every year, that crossover point gets closer. In 2017, a BloombergNEF analysis forecast that the crossover point was in 2026, nine years out. In 2018, the crossover point was in 2024 — six years (or, as I described it then, two lease cycles) out.

The crossover point, per the latest analysis, is now 2022 for large vehicles in the European Union. For that, we can thank the incredible shrinking electric vehicle battery, which isn’t so much shrinking in size as it is shrinking — dramatically — in cost.

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From: Lou Weed4/15/2019 9:16:06 AM
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Oy vay!

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To: slacker711 who wrote (9859)4/16/2019 7:33:18 AM
From: slacker711
   of 10228
From yesterday.

Cree (CREE) PT Raised to 'Street High' $81 at Canaccord Genuity
April 15, 2019 7:48 AM EDT Send to a Friend
Canaccord Genuity analyst Jed Dorsheimer raised the price target on Cree (NASDAQ: CREE) to $81.00 (from $60.00) while maintaining a ...

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To: slacker711 who wrote (9969)4/16/2019 8:05:24 AM
From: OldAIMGuy
   of 10228
Hi S, Re: $81/share Price Target.................

That's an acceptable target.

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From: Don Green4/24/2019 5:16:42 PM
   of 10228

CREE April 24, 2019

Chart of the Day - Cree Inc

The Barchart Chart of the Day belongs to the semi conductor company Cree( CREE). I found the stock by using Barchart to sort it's Top Stocks to Own list first by the most frequent number of new highs in the last month, then I used the the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy on 1/3 the stock gained 72.92%.

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.

Barchart's Opinion Trading systems are listed below. Please note that the Barchart Opinion indicators are updated live during the session every 10 minutes and can therefore change during the day as the market fluctuates. The indicator numbers shown below therefore may not match what you see live on the website when you read this report.

Barchart technical indicators:

  • 96% technical buy signals
  • 94.61+ Weighted Alpha
  • 74.45% gain in the last year
  • Trend Spotter buy signal
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 21.51% in the last year
  • Relative Strength Index 84.49%
  • Technical support level at 67.43
  • Recently traded at 68.75 with a 50 day moving average of 57.76
Fundamental factors:

  • Market Cap $7.01 billion
  • P/E 354.91
  • Revenue expected to decrease 7.20% this year and another 5.50% next year
  • Earnings estimated to increase 321.10% this year, an additional 61.20% next year and continue to compound at an annual rate of 112.26% for the next 5 years
  • Wall Street analysts issued 5 strong buy, 4 hold and 1 sell recommendation
  • The individual investors following the stock on Motley Fool voted 1071 to 89 that the stock will beat the market

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