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For FY17, $CREE targets Lighting and LED CapEx of $55MM plus or minus to support its continuing operations. The company will continue to invest capital to support the Wolfspeed business until the sale is complete. The company targets Wolfspeed CapEx to be $10MM plus or minus for 2Q17, which is in line with its previous guidance.
My bet is that $FR will reach $32 in the short term. It’s time it broke the 52-week high and had its fair share of growth.
$WYNN got bruised up by China after its decision to cut withdrawal limit in Macau ATMs. Wynn Resorts shares went down by more than 11%! Well who could have guessed that right?
$AVGO 4Q results beat analyst’s expectations again this time. Time to make some hay while the sun shines ;)
You are such a letdown $FII. I regret not selling you when you were nearing $33. Now I am stuck with you, you are stuck with me!