Showing posts with label CREE. Show all posts
Showing posts with label CREE. Show all posts

Monday, July 11, 2011

ICResearch Q2 2011 Performance (BKS, PHH, QCOR, VVUS, RCL, LL, ODP, EK, BBY, WFC, CREE, AIG, LOGI, PHG, WWE, NYB, LCC, CCL)

InvestingConsultantResearch.com today announced results for the quarterly performance of it's recommendations made for the second quarter of 2011. Here is how those recommendations for Q2 2011 performed since they were issued, ordered by return for the cautious investor if they had been held until market closes at the end of the second quarter of 2011 or when the bid price reached the level provided in the exit strategy.

To be fairly representative of the potential performance, the return presents what an investor would have earned opening the position at the prevailing price when the report was issued and closing it when the bid price of the stock reached the suggested exit point. If the stock did not reach any of the exit levels, the closing price at the end of the quarter is considered to be the selling price.


For the cautious investor:
BKS+ 120%
QCOR+ 85%
VVUS+ 43%
WDC: + 40%
DYAX: + 32%
CRU: + 32%
ARNA: + 30%
IGOI: + 30%
RCL: + 29%
DV: + 29%
EXF: + 27%
EXFO: + 25%
FCN+ 22%
SYNA+ 21%
AXL+ 18%
FBC+ 18%
VCI+ 18%
SANM+ 18%
MDAS+ 17%
LCC+ 17%
SWM+ 15%
FLML+ 15%
RDN+ 13%
LL+ 13%
ORN+ 12%
ODP+ 12%
EK+ 11%
MTOR+ 11%
BORN+ 10%
BBY+ 10%
JACK+ 10%
ENG+ 7%
LOJN+ 7%
PHH+ 7%
FEED+ 5%
XRTX+ 5%
SCCO+ 5%
RJET+ 4%
BPL+ 4%
WFSL+ 4%
NYB+ 4%
WFC+ 2%
FRO+ 1%
HBOS: - 1%
CREE- 2%
PHG- 2%
CCL- 2%
LOGI- 4%
LPS- 6%
RECN- 8%
AIG- 9%
WWE- 11%
SATC- 14%
ANAD- 20%
HSOL- 25%
MTSN- 26%

Average Return: + 13%


Once again, the return presents what an investor would have earned opening the position at the prevailing price of the option contract when the report was issued and closing it when the bid price of the contract reached the suggested exit point. If the stock did not reach any of the exit levels, the closing bid price at the end of the quarter is considered to be the selling price of the option contract.


For the risk taking trader:

Average Return: + 66%


Most of InvestingConsultantResearch.com's picks returned modest performance and some even suffered losses, but the losses were offset by the provided exit strategy. Subscribe to our our site to stay informed for forthcoming recommendations for Q3 and Q4 2011 or follow us on Twitter.

Monday, April 18, 2011

Cree Inc. (NASDAQ: CREE) Q2 2011 Price Target

Recent price: 41.27$
P/E Ratio: 21.94
3 Months Target Price: 73$

Company Description
Data provided by Reuters shoes that Cree, Inc. develops and manufactures semiconductor materials and devices primarily based on silicon carbide (SiC), gallium nitride (GaN) and related compounds. It focuses its expertise in SiC and GaN on light emitting diode (LED) products. It also develops power and radio frequency (RF) products. Cree derives the largest portion of its revenue from the sales of its LED products, which includes LED components, LED chips, LED lighting products and SiC wafers. Also included are revenues derived from government agencies to support the development of LED lighting. It also generates revenue from sales of power and RF products. These products include power rectifiers made from SiC, which provide faster switching speeds, and also include RF devices made from SiC or GaN, which allow for higher power densities. Also included are revenues derived from government agencies to support the development of SiC- and GaN-based power and RF technology.


Confidence Margins
Strong resistance $83.38 (+102%)
Light resistance $73.85 (+79%)
Light support $40.44 (-2%)
Strong support $36.89 (-11%)

Recommendation
Cree Inc has been on a rapid fall since the company announced lower revenues estimates for their fiscal year 2011 than analysts were expecting on two consecutive times. This sent the shares plunging more than 50% down. This provides investors with an opportunity to acquire a position in this company at a more reasonable price.

Entry strategy
For the cautious investor:
Buy the stock for 42$ or less.Because the stocks is in a downtrend, this position has to be closely monitored.

For the risk-taking trader:
The September 2011 42.50$ out-of-the-money call option contract seems to be the right position to take, they can be acquired for about 460$ per contract.

Exit Strategy
For the cautious investor:
Sell when the stock reaches 73$, or keep it until 83$ if you are more bullish in your own analysis.

For the risk-taking trader:
The contracts should be kept until the underlying reaches around 73$. This should provide a very impressive return if the underlying reaches the target price as the contracts will get very deep in the money.