With the year quickly coming to an end, it's always a good idea to check in on how some of our most-watched stocks are doing. By continually completing our due diligence, we're able to get a sense for where a business is coming from, and where it's going.

Today, we'll be examining Cirrus Logic (Nasdaq: CRUS), which makes the audio chips increasingly used in the smartphone market.

We'll go over the specifics of the company below, but first, here are the vital statistics:

Stats on Cirrus Logic

Year-to-Date Stock Return (1.3%)
Market Cap $1.0 billion
1-Year Revenue Growth 67.2%
1-Year EPS Growth 430%
Cash/Debt (millions) $140/$0
CAPS Rating (out of 5) *****

Source: Yahoo! Finance, Google Finance, fool.com.

What happened this year at Cirrus?
The year started out with a bang for the company, as it was able to ride the coattails of Apple (Nasdaq: AAPL) and its record sales of iPhones and iPads.

As the year progressed, Cirrus continued to closely mirror Apple's movements, which meant that it trended lower midyear. But that didn't stop Motley Fool Rising Star Eric Bleeker from buying shares of Cirrus instead of rival Citrix (Nasdaq: CTXS) in April.

Likewise, fellow Fool Anders Bylund isn't scared by the fact that Cirrus provides the majority of audio chips in Apple products. Bears argue that a drop-off in Apple's sales could be a death blow to Cirrus.

Instead, Andres thinks Cirrus is a buy above all the other Apple suppliers, including Texas Instruments (NYSE: TXN), Broadcom (Nasdaq: BRCM), and Skyworks Solutions (Nasdaq: SWKS), especially because its small size means it still has tons of room for growth.

If you'd like to see where Cirrus stands among the hidden winners of the iPhone, iPad and Android revolution, I suggest you check out our special free report. Inside, you'll get the details on three companies our analysts believe will continue to benefit from the mobile revolution, whether the market realizes it right now or not. Get your copy today, absolutely free!

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.