Credo Technology May Actually Be Very Cheap Today
Portfolio Pulse from
Credo Technology Group Holding Ltd (CRDO) reported a 64% YoY revenue growth in its fiscal Q2 FY2025, reaching $72 million. The company specializes in high-speed connectivity solutions and has shown strong performance across its main product lines. If growth continues, the stock price could exceed $100.
February 07, 2025 | 9:30 pm
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Credo Technology Group Holding Ltd (CRDO) reported a 64% YoY revenue growth in its fiscal Q2 FY2025, reaching $72 million. The company has shown strong performance across its main product lines, suggesting potential for further stock price increases.
The significant YoY revenue growth of 64% and strong performance across all product lines indicate a positive outlook for CRDO. If the company maintains this growth trajectory, the stock price is likely to increase, potentially exceeding $100.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100