Cree Stock Seems Overpriced After 2.5X Move
- Thursday, February 4, 2021, 7:13
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Cree stock is up around 2.5x since the beginning of 2020, and at the current price around $116 per share, we believe that Cree stock has over 25% potential downside. Why is that? Our belief stems from the fact that Cree, a power and radio frequency product manufacturer, has seen its stock rise…
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