Canada markets open in 1 hour 38 minutes
  • S&P/TSX

    18,979.01
    -256.08 (-1.33%)
     
  • S&P 500

    3,744.52
    -38.76 (-1.02%)
     
  • DOW

    29,926.94
    -346.93 (-1.15%)
     
  • CAD/USD

    0.7291
    +0.0014 (+0.19%)
     
  • CRUDE OIL

    89.48
    +1.03 (+1.16%)
     
  • BTC-CAD

    27,418.01
    -444.98 (-1.60%)
     
  • CMC Crypto 200

    454.67
    -8.45 (-1.83%)
     
  • GOLD FUTURES

    1,716.10
    -4.70 (-0.27%)
     
  • RUSSELL 2000

    1,752.51
    -10.18 (-0.58%)
     
  • 10-Yr Bond

    3.8260
    0.0000 (0.00%)
     
  • NASDAQ futures

    11,503.00
    -38.75 (-0.34%)
     
  • VOLATILITY

    30.38
    +1.83 (+6.41%)
     
  • FTSE

    7,005.16
    +7.89 (+0.11%)
     
  • NIKKEI 225

    27,116.11
    -195.19 (-0.71%)
     
  • CAD/EUR

    0.7441
    +0.0015 (+0.20%)
     

This Explosive Growth Stock Is a Bargain Buy Right Now

·4 min read

Shares of Cirrus Logic (NASDAQ: CRUS) have shot up an impressive 25% in the past month amid the broader rally in technology stocks, and this rally isn't surprising considering the terrific fiscal 2023 first-quarter results (for the three months ended June 25, 2022) that were released on Aug. 2. The company, which counts Apple (NASDAQ: AAPL) as its largest customer with 79% of the total revenue last quarter, crushed Wall Street's expectations. Let's see what's working for Cirrus Logic and check why this tech stock remains an attractive bet despite rallying over the past month.