Markets

Insider Trading

Hedge Funds

Retirement

Opinion

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

We came across a bullish thesis on Credo Technology Group Holding Ltd on Procure.FYI Substack’s Substack by Howe Wang. In this article, we will summarize the bulls’ thesis on CRDO. Credo Technology Group Holding Ltd's share was trading at $123.06 as of August 29th. CRDO’s trailing and forward P/E were 424.33 and 84.75 respectively according to Yahoo Finance.

[caption id="attachment_523267" align="aligncenter" width="750"] Copyright: bluebay / 123RF Stock Photo[/caption]

Credo Technology Group’s journey from a bootstrapped startup in 2008 to a $21 billion market leader today...