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Credo Technology Group Holding Ltd (CRDO): A Bull Case Theory

We came across a bullish thesis on Credo Technology Group Holding Ltd (CRDO) on Deep Value Returns’ Substack. In this article, we will summarize the bulls’ thesis on CRDO. Credo Technology Group Holding Ltd (CRDO)'s share was trading at $63.65 as of 27th May. CRDO’s trailing and forward P/E were 2120 and 56.50 respectively according to Yahoo Finance.

[caption id="attachment_1236942" align="aligncenter" width="768"] A robotic arm holding a semiconductor chip, emphasizing the precision and quality of the company's production equipment.[/caption]

Credo Technology (CRDO) is...