This Stock Could Be a Surprise Growth Pick for 2020

Cirrus Logic (NASDAQ: CRUS) turned on the heat spectacularly in the second half of 2019, rising sharply despite enduring a difficult time earlier last year as its over-reliance on Apple (NASDAQ: AAPL) proved costly. But the audio-chip specialist staged a terrific comeback as it returned to revenue growth in the second quarter of fiscal 2020, beating the higher end of its own expectations by a wide margin.

More importantly, Cirrus' turnaround seems sustainable. The chipmaker forecasts $345 million in revenue at the mid-point of its guidance for the quarter that ended in December. That would be a mid-single-digit jump over the year-ago quarter's revenue. But don't be surprised if Cirrus goes past expectations once again when it releases its results at the end of January and cements its status as a top growth stock for 2020.

Source Fool.com