Squawk Box Stocks Reports On: Cree Inc. (NASDAQ: CREE), Sohu.com Inc. (NASDAQ: SOHU), Bank of America Corporation. (NYSE: BAC), J. C. Penney Company, Inc. (NYSE: JCP)

NEW YORK, NY -- (Marketwire) -- 03/06/13 -- Cree Inc. (NASDAQ: CREE), Sohu.com Inc. (NASDAQ: SOHU), Bank of America Corporation. (NYSE: BAC), J. C. Penney Company, Inc. (NYSE: JCP).

Cree, Inc. (CREE) saw shares advancing 14.40% or $6.44 per share to close at $51.16 on volume of 13,275,175 shares traded during Tuesday's trading session. The producer of energy-efficient lighting products, rose to a two-year high after increasing its revenue forecast for the quarter ending March 31 to $345 million from $325 millino and introducing a LED bulb that sells for less than $10 at Home Depot Inc. (HD) stores. Will shares of Cree, Inc. continue to rise following this surprise announcement? Find out our thoughts in our exclusive report at: http://squawkboxstocks.com/reports/CREE

Sohu.com Inc. (SOHU) saw shares rising 11.92% to close yesterday's trading session at $48.84 on volume of 3,913,521 shares traded. Sohu.com Inc. led the gains among Chinese Internet stocks in New York on a report the company is in talks to be privatized. Citron Research later tweeted that the company should go for atleast $65 per share if it went private. With shares still trading under $50.00 will speculators continue to push the stock higher? Find out more in our exclusive report at: http://squawkboxstocks.com/reports/SOHU

Bank of America Corporation. (BAC) saw shares advancing 1.23% or $0.14 per share to close yesterday at $11.55 on volume of 135,689,682 shares traded. Banking companies facing a barrage of lawsuits from customers accusing them of interest-rate rigging argued on Tuesday that the cases should be dismissed, saying there is no evidence of antitrust or other violations. Will shares of Bank of America continue to rise as a final ruling inches closer? Find out our thoughts in our exclusive report at: http://squawkboxstocks.com/reports/BAC

J. C. Penney Company, Inc. (JCP) saw another rough day with shares declining 10.63% or $1.78 per share to close yesterday at $14.96 on volume of 53,255,847 shares traded. The ailing retailer reported terrible holiday sales numbers last week and board member Steven Roth's Vornado Realty Trust reported selling 10 million shares in J. C. Penney. Will shares of JCP continue to trade lower or is a bottom finally in sight? Find out our thoughts in our exclusive report at: http://squawkboxstocks.com/reports/JCP

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