- Cirrus Logic’s shares have staged an impressive recovery on the back of inroads into the Android world and a recovery at Apple.
- However, management is uncertain how this year is going to play out, so we see limited upside, as valuations have returned to above normal levels.
- Next year looks more promising though, with further Android wins and new products ready to move the needle.
Source: Cirrus Logic’s Spectacular Share Price Recovery – Cirrus Logic, Inc. (NASDAQ:CRUS) | Seeking Alpha