Credo Technology Skyrockets 50% in a Month: Time to Buy the Stock?
Key Takeaways CRDO stock surged 50.2% in a month, far outpacing sector and S&P 500 performance. Fiscal Q4 revenues jumped 179.7% Y/Y to 800M, implying 85% growth and a near 40% non-GAAP net margin.Credo Technology Group Holding Ltd (CRDO) stock has skyrocketed 50.2% over the past month, significantly more than the Electronic-Semiconductors and the broader Computer and Technology sector’s growth of 18.8% and 10.3% ...