Cree Stock to Watch or Buy During Downtime
Aug 8, 2011 As the markets plummeted on Monday, August 8, Cree stocks have fallen 8.04% reaching the price of $26.65. Yet many of the market analysts have graded Cree stock as "Buy" or "Watch". Cree has made it to the list of top U.S. Large Cap stocks with highest potential upside, calculated as the difference between price as of August 8, 2011 and Wall Street analysts' average target price. It received a ranking #103 among 977 evaluated companies and had a calculated upside potential of 55.9%. Also of note was that ON Semiconductor Corp. (ONNN) was ranked #52 with upside potential of 66.0%.
Author: Alice Jones
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