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The Company develops precision analog and mixed-signal integrated circuits for a range of consumer and industrial markets.
Sometimes the market is completely irrational which presents buying opportunites. CRUS integrated circuits for audio and energy markets are leading the industry, and demand continues to grow with mobile. Only because one of its customers happens to be the 2nd largest company in the world (and best in breed itself) CRUS shares have been crushed. This short-term fad to sell Apple related stocks is coming to an end, and CRUS on a valuation basis looks like an extremely good value. Expect some major upside for CRUS in coming months.
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