CRDO - Credo Technology: Positive On Growth Acceleration And Customer Base Diversification
2024-04-10 03:32:41 ET
Summary
- Buy rating for Credo Technology stock due to accelerating growth and customer diversification.
- Strong product revenue growth and margin improvements in recent results.
- Gaining traction with new hyperscale customers and being well-positioned for future demand in high-speed data center connectivity.