Credo Technologies, a key supplier of active electrical cables for AI data centers, reported a 201% year-over-year revenue increase in Q3. Despite a recent 20% drop in its stock due to slower growth guidance of around 50% YoY for FY27, the company maintains strong fundamentals including nearly 70% gross margins and a debt-free balance sheet. With new products targeting a market opportunity exceeding $10 billion, Credo is positioned for robust long-term growth. Analysts recommend a 'Strong Buy' rating, expecting over 30% annualized returns and a fair value range of $160 to $283 within the next two years.
A simple tap on a smartphone triggers a complex AI-driven process that spans from touch sensors to cloud computing, cybersecurity, automated warehouses, and last-mile delivery technologies. Key companies like Nvidia, Qualcomm, and Ambarella provide t...
Credo generated over $1.3 billion in revenue in fiscal 2026 and expects more than 80% growth in fiscal 2027, fueled by strong sales in optical products like ZeroFlap optics, DSPs, and silicon photonics. The acquisition of Dust Photonics has expanded ...
David H. Lerner highlights cautious optimism for SpaceX due to current valuation and expected volatility around the Starship launch, recommending patience before buying. Meta Platforms is gaining momentum driven by AI initiatives, prompting Lerner to...
