Cree, Inc. ’s (CREE) share price has entered into oversold territory with an RSI value of 29.12. The Zacks Consensus Estimate on Cree, Inc.’s earnings for the full year period have moved higher by 5 cents over the past two months to $1.59 per share. Currently, Cree, Inc.is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (CREE) after its recent drop.
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