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Credo Technology Group (CRDO): A Bull Case Theory

We came across a bullish thesis on Credo Technology Group on Nikhs's Substack. As of 30ᵗʰ June, Credo Technology Group's share was trading at $93.49. CRDO's trailing and forward P/E were 319.28 and 120.25 respectively according to Yahoo Finance.

[caption id="attachment_1199737" align="aligncenter" width="768"] A diverse team of data scientists working collaboratively on sophisticated software applications.[/caption]

Credo Technology Group (CRDO) is transitioning from a connectivity 'plumber' to an intelligent platform provider, similar to Cisco's transformation in the 1990s. The...