The argument for CRUS is that Apple is going to a high volume strategy, see iPad Mini etc.. Cirrus also moves in the same direction as Apple, but in more pronounced gains and losses. When Apple is down 35%, Cirrus is down 50%, when Apple is up 35%, Cirrus will be up 50%, or almost 200% like last year. Since Apple and Cirrus have both realized the majority of their downside(I believe that today is a bottom for CRUS,) those willing to take on more risk have a higher upside
if you got the money , big kawhonas and can wait this madness out - both are a buy , heck, most of the market looks like a buy ............... just supply n demand 101 these days , and when their's no one buying prices fall - unless we're going back to a long string tied to tin cans I think cell phones and ipads will be around for awhile yet .............. And I don't care what anyone says , Apple is the leader in both - loyal buyers and best product out there
Right now they are both good so it really doesn't matter. CRUS price has been cut in half yet Apple is still selling ipads and phones which means CRUS is still selling chips. The price drop is only due to hype and it will recover. Apple has lost confidence in the market yet sales are still good so again, hype and sheer speculation. Anyone who owns an IPAD loves it especially the new ones. Both stocks are way oversold and will get back to reasonable numbers. I am guessing $25 for CRUS and 550 for Apple by year end.