Cirrus Logic, Inc. (NASDAQ:CRUS)

CAPS Rating: 5 out of 5

The Company develops precision analog and mixed-signal integrated circuits for a range of consumer and industrial markets.

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Player Avatar chintu30 (75.04) Submitted: 12/13/2012 7:12:48 PM : Outperform Start Price: $26.55 CRUS Score: -67.55

Cirrus is out an out an Apple derivative play. Its had a major pullback in the last month likely because of the Apple pullback. This was after they beat expectations and have increased next quarter expectations. Apple's iPhone 5, iPad(s) launch, holiday season and China iPhone release should prop this up again. Its at an attractive entry point at $27.5

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