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Is Credo Technology Still a Buy After 55% Gain in the Past 6 Months?
ZACKS· 2026-01-05 14:20
Key Takeaways CRDO up 54.5% in six months, beating sector gains as the AI infrastructure cycle accelerates demand.Credo Technology's AECs momentum key catalyst, with four hyperscalers each over 10% of revenues.Credo now has five growth pillars expanding its market reach to over $10B.Over the past six months, Credo Technology Group Holding Ltd ((CRDO) has surged roughly 54.5%, outpacing the Electronic-Semiconductors and the broader Computer and Technology sector’s growth of 26.3% and 19.1%, respectively. Muc ...