Stocktoberfest 2012: Cirrus Logic Inc (CRUS)
October 10, 2012 at 15:38 PM EDT
Cirrus Logic (CRUS) skyrocketed after last quarters earnings on 7/30/2012 posting better results than expectations. The trouble with this company is that 59% of their revenues are derived from Apple (AAPL). While in the short-run, it is good to have a customer like Apple who is extremely hot. However, the problem is if Apple decides [...]