Stock Picks: Cree, Google, Microsoft, New York & Co.

Cree: Wunderlich Securities initiated coverage on shares of Cree , a maker of energy-efficient lighting products, with a buy rating and 85 target price on June 8. “The world of lighting is finally on the verge of being completely and utterly replaced by solid-state lights and Cree is leading the industry to make this happen, ” wrote Wunderlich …

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