May. 29 at 2:02 PM
$CRUS: Cirrus Logic is a new addition to our VALUE rankings this week. Cirrus Logic is a fabless supplier of chips. Its largest customer by far is Apple
$AAPL, which represented 89% of FY25 sales (up from 87% in FY24 and 83% in FY23), so there is a high correlation between the two companies. The company is employing a 3-point strategy: it's committed to maintaining its leadership position in smartphone audio; increasing its content in smartphones; and it wants to expand into adjacent areas.
Other Additions to the rankings this week include:
$ADNT,
$FLR,
$SIG
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#Cirruslogic #Apple #Semiconductor #ValueStocks #Stocks #StockIdeas #top50 #RelativeStrength #Investing
