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Posted by
Two Blokes Tue at 5:15 AM -
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Stock
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I rate Credo Technology a strong buy with a $100 price target within 12 months, due to its robust growth roadmap and favorable market conditions. Credo is positioned for strong growth, driven by its innovative high-speed data center interconnect solutions and a solid customer base in AI and HPC. The company's high gross margins, strong operating leverage, and substantial cash reserves support its rapid scalability and profitability in the booming AI networking market.
