Orlando, FL -- (SBWIRE) -- 10/07/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Cirrus Logic, Inc.(NASDAQ:CRUS), Cree, Inc.(NASDAQ:CREE).
Cirrus Logic, Inc.(NASDAQ:CRUS) shares gained 2.13% to $23.50. The company on Sept. 17 was named one of 2013's 50 Best Small and Medium Workplaces in America by the Great Place to Work® Institute. Cirrus Logic has been recognized for the past three years and was ranked No. 11 on this year's annual list, which will be published in Fortune® magazine and distinguishes companies that have exceptional workplace cultures.
Additionally, the company on Sept. 19 was named one of 2013's 50 Best Small and Medium Workplaces in America by the Great Place to Work® Institute. Cirrus Logic has been recognized for the past three years and was ranked No. 11 on this year's annual list, which will be published in Fortune® magazine and distinguishes companies that have exceptional workplace cultures.
Are investors worried about the recent updates with CRUS? Find out with a free trend analysis HERE
Cree, Inc.(NASDAQ:CREE) shares decreased 0.52% to $72.71. Canaccord on Oct. 1 upgraded Cree based on an improving bulb cost structure and continued lighing momentum. The firm said Cree's second generation 60W bulb at Home depot has a better cost structure and margins and checks indicate the third generation design will reduce costs further. Price target raised to$80 from $65.
Additionally, the company on Sept. 25 introduces the new XLamp® XQ-E LED family enabling lighting manufacturers to significantly reduce the size and total cost of their LED luminaires without sacrificing light output, efficacy or reliability. The new game-changing LED packs the lighting-class performance of the XP-E2 into a package that is 78 percent smaller.
Is CREE going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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