10 Stocks Leaving Wall Street in The Dust

8. Credo Technology Group Holding Ltd (NASDAQ:CRDO)

Credo Technology grew its share prices by 14.8 percent on Tuesday to finish at $71.92 apiece following a strong earnings performance and strong outlook guidance for the rest of the year.

In its financial statement, Credo Technology Group Holding Ltd (NASDAQ:CRDO) said it swung to a net income of $36.59 million in the fourth quarter of fiscal year 2025 from a $10.48 million net loss in the same period last year.

Revenues increased by 180 percent to $170 million from $60.78 million year-on-year.

“The company’s results were fueled by surging demand for our innovative, reliable, and energy-efficient high-performance connectivity solutions. We continue to see growing demand for our solutions across hyperscaler customers to power advanced AI services, a trend we believe will persist for the foreseeable future,” said President and CEO Bill Brennan.

For the first quarter of fiscal year 2026, Credo Technology Group Holding Ltd (NASDAQ:CRDO) targets to book revenues between $185 million and $195 million.