Reported about 1 month ago
Cirrus Logic, known for supplying chips to Apple, has seen its stock rise 43% this year and is expected to continue its upward trend following its upcoming earnings report on November 4. With a solid relationship with Apple, which accounts for 88% of its revenue, and the recent success of Apple's iPhone 16 lineup, Cirrus is positioned to benefit from increased sales and potential expansion into new product offerings, making it an attractive stock for investors.
Source: YAHOO