Crista Huff

Welcome to John Ransom's Stocks In The News, where the headline meets the trendline.

Stocks in the News is produced by Ransom Notes Radio and Goodfellow, LLC. Crista Huff manages Goodfellow LLC, a website that recommends outperforming stocks using fundamental and technical analysis.            

Stock number one is:

Cirrus Logic Inc., (SYMBOL: CRUS) and the headline says:       

Cirrus Logic Announces Preliminary Fourth Quarter Results(Dow Jones) 

Cirrus Logic Inc., a developer of integrated circuit technology, preannounced unaudited fourth quarter revenue of $206.9 million.  Unexpectedly, Cirrus will record a net inventory reserve of $23.3 million, as a key customer shifted its focus to a new Cirrus product, negatively affecting gross margins.        

The company expects gross margins to rebound in the next quarter.  Final fourth quarter results will be posted April 25, after the close.             

Cirrus shares tripled in value in 2012, from $16 to $45, then began a freefall in September.  The stock has not yet formed a base, and has lost almost its entire 2012 gains.

Our Ransom Note trendline says:  AVOID CIRRUS LOGIC.         

CRUS Chart

CRUS data by YCharts

Stock number two is:            

Bank of America Corp., (SYMBOL: BAC) and the headline says:          

BofA Misses Estimates as Mortgage Banking Weighs on Results(Bloomberg)   

Crista Huff

Crista Huff is a retired stockbroker from a NYSE member investment firm. She writes about market-timing at Goodfellow LLC and is active politically.
TOWNHALL DAILY: Be the first to read Crista Huff's column. Sign up today and receive daily lineup delivered each morning to your inbox. Release of Liability: Through use of this website viewing or using you agree to hold and its employees harmless and to completely release and its employees from any and all liability due to any and all loss (monetary or otherwise), damage (monetary or otherwise), or injury (monetary or otherwise) that you may incur. Goodfellow LLC and its employees are not paid by third parties to promote nor disparage any investment. Recommendations are based on hypothetical situations of what we would do, not advice on what you should do. Neither Goodfellow LLC nor its employees are licensed investment advisors, tax advisors, nor attorneys. Consult with a licensed investment advisor and a tax advisor to determine the suitability of any investment.

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