A Quick Review of Cirrus Logic's 2011
With the year quickly coming to an end, it's always a good idea to check in on how some of our most-watched stocks are doing. By continually completing our due diligence, we're able to get a sense for where a business is coming from, and where it's going.
Today, we'll be examining Cirrus Logic (NAS: CRUS) , which makes the audio chips increasingly used in the smartphone market.
We'll go over the specifics of the company below, but first, here are the vital statistics:
Stats on Cirrus Logic
|Year-to-Date Stock Return||(1.3%)|
|Market Cap||$1.0 billion|
|1-Year Revenue Growth||67.2%|
|1-Year EPS Growth||430%|
|CAPS Rating (out of 5)||*****|
Source: Yahoo! Finance, Google Finance, fool.com.
As the year progressed, Cirrus continued to closely mirror Apple's movements, which meant that it trended lower midyear. But that didn't stop Motley Fool Rising Star Eric Bleeker from buying shares of Cirrus instead of rival Citrix (NAS: CTXS) in April.
Likewise, fellow Fool Anders Bylund isn't scared by the fact that Cirrus provides the majority of audio chips in Apple products. Bears argue that a drop-off in Apple's sales could be a death blow to Cirrus.
Instead, Andres thinks Cirrus is a buy above all the other Apple suppliers, including Texas Instruments (NYS: TXN) , Broadcom (NAS: BRCM) , and Skyworks Solutions (NAS: SWKS) , especially because its small size means it still has tons of room for growth.
If you'd like to see where Cirrus stands among the hidden winners of the iPhone, iPad and Android revolution, I suggest you check out our special free report. Inside, you'll get the details on three companies our analysts believe will continue to benefit from the mobile revolution, whether the market realizes it right now or not. Get your copy today, absolutely free!
At the time this article was published Fool contributor Brian Stoffel owns shares of Apple. You can follow him on Twitter at @TMFStoffel.The Motley Fool owns shares of Texas Instruments and Apple. Motley Fool newsletter services have recommended buying shares of Apple. Motley Fool newsletter services have recommended creating a bull call spread position in Apple. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy..