|Bid||66.65 x 900|
|Ask||67.43 x 900|
|Day's Range||65.99 - 67.70|
|52 Week Range||33.72 - 67.70|
|Beta (3Y Monthly)||1.06|
|PE Ratio (TTM)||N/A|
|Earnings Date||May 1, 2019|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||61.88|
As Cree works to close a deal to sell off its lighting business, it faces a new obstacle: General Electric.
Qorvo (QRVO) inks deal to buy Active-Semi International to expand power solutions portfolio and strengthen IDP segment growth. It's a smart move to cushion business from underperforming MP segment.
A return to growth is likely on the horizon for the semiconductor industry as a whole, even if some face rough near-term outlooks. So, let's take a look at three Zacks buy-ranked semiconductor stocks right now.
Valuations and business trends could both figure prominently in determining which tech companies are able to keep rallying from this point on. In December, as tech stocks tumbled across the board, we didn't have a stock-picker's market as much as a market where a wide variety of tech stocks looked like buys as long as macro and cyclical conditions didn't serious deteriorate due to a trade war and/or hawkish Fed policies. Valuations for tech companies in many different industries fell sharply, enough so that -- while some of the beaten-up names have performed better than others since then -- generating good returns at that time was less about being a stock-picker than simply about having a healthy conviction that the sky wasn't falling.
The chip industry is buzzing hot this year with the PHLX Semiconductor index gaining about 27% and hitting an all-time high. In order to tap the growing trend, investors should bet on ETFs & stocks in this industry.
With semiconductor stocks up strongly from their December lows, it now makes sense for investors to be more selective.
Cree (CREE) has been upgraded to a Zacks Rank 2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
On an earnings call with analysts Wednesday, less than a month after Cree announced the sale of its lighting business to Ideal Industries for a total possible consideration of $310 million, the CEO of Acuity called out Cree for its missed opportunities in the space.
HENDERSON, NV / ACCESSWIRE / March 28, 2019 / McDonald's is buying a tech startup that it hopes will help it sell customers more of what they want. The fast food giant announced Monday that it is acquiring ...
Cree (CREE) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
Ideal Industries was one of a “number” of suitors stealthily eyeing Cree’s lighting division, says Cree CEO Gregg Lowe in an interview Monday.
Two years ago, analysts and executives were using the word “nimble” to describe a post-deal Cree. In sloughing off its power and radio frequency business, Wolfspeed, to Infineon, Cree would be a more focused, nimble lighting company, then-CEO Chuck Swoboda said – not predicting at the time that the deal would shatter over security concerns.
Cary manufacturer Lord Corporation is making its next big investment – this time in electric vehicles. The firm, whose portfolio of products includes everything from adhesives to coatings to sensing technologies, just disclosed plans to expand operations at its existing German facility, a move that means an investment of nearly $16 million. According to the company, it’s all about positioning Lord to support the fast-growing electric vehicle market in Europe.