13 High Growth International Stocks to Buy Right Now

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

5-Year Revenue Growth: 52.00%

Number of Hedge Fund Holders: 48

Credo Technology Group Holding Ltd. (NASDAQ:CRDO) is one of the top high growth international stocks to buy right now. On September 5, BofA raised the firm’s price target on Credo Technology Group Holding Ltd. (NASDAQ:CRDO) to $165 from $120, keeping a Buy rating on the shares.

The rating update came after the fiscal Q1 report, with Credo Technology Group Holding Ltd. (NASDAQ:CRDO) reporting the strongest “beat and raise” among its peers in the AI landscape.

The firm told investors in a research note that Credo Technology Group Holding Ltd. (NASDAQ:CRDO) is continually diversifying its customer base, and raised its estimates by 30%-40%.

BofA contended that Credo Technology Group Holding Ltd.’s (NASDAQ:CRDO) core business growth is capable of sustaining at a 25%-30% annual pace over the next few years.

Headquartered in George Town, Cayman Islands, Credo Technology Group Holding Ltd. (NASDAQ:CRDO) develops connectivity products and solutions for the data infrastructure market. Its offerings include active electrical cables, SerDes chiplets, and integrated circuits.

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