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Boony12 (< 20)

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CRUS

Recs

3

March 22, 2014 – Comments (2)

Sell and take profits or Hold? I'm usually decisive but out on a limb on this one!

Any comments??

 

2 Comments – Post Your Own

#1) On March 22, 2014 at 8:00 PM, TSIF (99.96) wrote:

Hi Boony12, it use to be on caps that you could ask a question on a mainline stock, and the followers of that stock would add all kinds of interesting DD. Or you could ask a general investing question and get tons of good ideas/links.  

There are two "types" of answers to a "vague" question such as you asked.  Investing questions, are you diversified, why did you buy it to start with, do you have a thesis, a goal, a planned why you bought and why you would sell.  What is your timeframe, your investing goals.

AND specific stock comments.  Since you have no CAPS footprint it's pretty hard to surmise anything.

With just Apple and Crus on your scorecard, I'd have to surmise that you not  diversifed.

CRUS has potential, but usually blows it.   Metrics look good, continues to improve it's balance sheet quarter after quarter and is buying back stock.

Unfortunately,  it has one major customer, Apple who is one of the hardest about margins and squeezing suppliers, and gets away with it.  Apple has slowed, and while China connections may grow it some, that would come with tighter margins.

IF CRUS could find new applications, customers, it could be on it's way to an elusive growth stock.  It's trying to get deeper in the hand held device market, but a lot of competitiion already exists there. 

Personally,  I would lighten up on it and try to diversify.  Something with an upward stock trend, with similar book metrics as CRUS, but not dependant on one customer or business it does not yet have. 

Overall if they kick it in gear they have potential and decent metrics, but they take investors for a roller coaster ride than might leave you at the bottom when you need to sell.

Good luck. 

 

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#2) On March 23, 2014 at 2:14 PM, blesto (31.55) wrote:

Sell! Sell! Sell!

No!

Buy! Buy! Buy!

Heck if I know. If I could +1 Rec TSIF's comment I would. Some good and harsh reasons not to put anymore money into them by Harsh Chauhan,  Some Reasons Why Cirrus Logic Isn’t a Convincing Investment

 

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