Cirrus Logic Stock Rallies 45% in Past Six Months: Is It Worth a Buy?

Cirrus Logic, Inc.’s (CRUS) stock has gained 45.4% in the past six months outperforming its sub-industry, the Zacks Computer and Technology sector and the S&P 500 Composite’s growth of 29.4%, 16.1% and 15.7%, respectively. Cirrus Logic is a fabless semiconductor supplier, which develops low-power, high-precision mixed-signal processing solutions.Six-Month Price Performance ChartImage Source: Zacks Investment ResearchClosing at $124.01 as of yesterday’s trading session, CRUS stock is currently trading 1.6% b ...