|Bid||45.36 x 900|
|Ask||45.39 x 800|
|Day's Range||45.24 - 47.23|
|52 Week Range||38.67 - 69.21|
|Beta (5Y Monthly)||0.86|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Is Cree, Inc. (NASDAQ:CREE) a good place to invest some of your money right now? We can gain invaluable insight to help us answer that question by studying the investment trends of top investors, who employ world-class Ivy League graduates, who are given immense resources and industry contacts to put their financial expertise to work. […]
Is PG&E Corporation (NYSE:PCG) a good equity to bet on right now? We like to check what the smart money thinks first before doing extensive research on a given stock. Although there have been several high profile failed hedge fund picks, the consensus picks among hedge fund investors have historically outperformed the market after adjusting […]
Cree is building a $1 billion semiconductor factory in Marcy, near Utica. The company has already started hiring for jobs upstate.
Cree is making a $1 billion bet that the electric vehicle market will boom. And if it does, the company will produce a crucial piece of technology for EVs at its new factory near Utica.
Cree's CEO was in Utica this week to check on progress for the $1 billion silicon carbide factory. The company already has people working at SUNY Poly in Albany, and it recently posted more jobs.
For the second time in two days, Cree has announced a major supply deal. Tuesday, it was an extension of an agreement with STMicroelectronics first inked in January, increasing it from $250 million to $500 million. In an interview following the announcement, Cree CEO Gregg Lowe called it “the largest materials deal in the history of silicon carbide.” “What I think it is a sign of is an acceleration of the adoption of silicon carbide in the high voltage power market,” he says.
A German automotive supplier’s decision to sign a “strategic partnership” is a “big win” for Cree, says Gregg Lowe, CEO.
Guest column: Cree’s decision to build a plant near Utica is a validation of the economic development strategy that New York state has pursued for over two decades under a bipartisan succession of governors, write two scholars who have studied the nanotech industry in New York.
Cree in late September announced it will build a $1 billion, 480,000-square-foot plant near Utica to make silicon carbide semiconductors. The state will provide $500 million in grants toward the project, in return for Cree's promise to create more than 600 jobs.
“As we significantly increase our capacity, we are bound to face manufacturing challenges,” he told analysts.
Cree (CREE) delivered earnings and revenue surprises of 40.00% and 1.13%, respectively, for the quarter ended September 2019. Do the numbers hold clues to what lies ahead for the stock?
Cree (CREE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Cree last month announced it plans to build a $1 billion, 480,000-square-foot plant near Utica to make semiconductors for use in electric vehicles and other applications. It's getting a head start on the work at SUNY Poly in Albany.
Decades before Cree Inc. decided to invest $1 billion in upstate New York, one of the Albany region's most prominent businessmen, Walt Robb, helped its founders get the money for their first plant.
Our extensive research has shown that imitating the smart money can generate significant returns for retail investors, which is why we track nearly 750 active prominent money managers and analyze their quarterly 13F filings. The stocks that are heavily bought by hedge funds historically outperformed the market, though there is no shortage of high profile […]
Cree originally planned to expand at its headquarters in Durham, North Carolina. Here's why its CEO says the tech manufacturer decided to shift part of the plan to upstate New York.
Once again, top executives with ties to Triangle companies are walking away with millions of dollars in insider stock sales.
How far off is Cree, Inc. (NASDAQ:CREE) from its intrinsic value? Using the most recent financial data, we'll take a...
In the days leading up to Cree’s announcement – that it would be shifting part of an already-disclosed expansion plan to New York instead of Durham – economic developers were in a frenzy, hurriedly organizing meetings and sending slews of emails, public records show.
Cree will pay rent to the SUNY Research Foundation to use the cleanroom space in the NanoFab North building where there is a silicon carbide chip manufacturing line.
"Having another company join this community is extraordinarily valuable to the larger Tech Valley, so to speak, which now extends well into other parts of upstate New York," said GlobalFoundries' Ron Sampson in an interview with the Business Review.