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The Latest Breaking News from Credo Technology

This Data Center Stock Is Up 330% in the Past Year

Credo Technology (CRDO) hit a new 52-week high on July 31. The stock shows strong technical momentum and has a 100% “Buy” signal via Barchart. Shares are up nearly 330% over the past year. Despite positive momentum, CRDO is highly volatile and speculative, requiring disciplined risk management and stop-loss strategies....

Barchart

Credo Stock Hits Record High Amid AI Data Center Ramps

Credo Technology stock surged to an all-time high on Tuesday as the company's data center customers ramp their AI installations.

Investors Business Daily

Stock Market Rises Despite Musk-Trump Feud; CrowdStrike, Broadcom, Meta-Constellation Deal In Focus: Weekly Review

The major indexes cleared key levels despite Tesla diving on a Musk-Trump meltdown.

Investors Business Daily

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A New All-Time High Is Coming Soon for Credo Technology Group

Credo Technology's stock price surge suggests a high potential for new highs to be achieved this year, but it also presents risks for traders and investors.

MarketBeat

Credo Stock Rockets On 'Impressive' Beat-And-Raise Earnings Report

Credo Technology stock surged after the maker of high-speed connectivity systems for data centers delivered a beat-and-raise earnings report.

Investors Business Daily

Dow Jones Falls, Techs Rise; Meta-Constellation Deal Fuels Nuclear Stocks

Stocks were mixed. Meta Platforms signed a 20-year deal with Constellation Energy, lifting nuclear stocks. Credo Technology and Dollar General were earnings winners.

Investors Business Daily

Dow Jones Futures Fall After Strong Market Close; Meta Breaks Out, Goes Nuclear

The Nasdaq led modest gains Monday, shrugging off global headwinds. Meta and several gold stocks broke out. Nvidia teased a buy point.

Investors Business Daily

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AI Stocks Continue Retreat. Credo Stock Latest To Fall.

The investor response to a beat-and-raise earnings report from Credo Technology is the latest sign that interest in AI stocks has waned.

Investors Business Daily

Nvidia, Disney Shine On This Screen. But Here's The Real Star.

Nvidia stock continues to float near its buy zone as Disney sets up. But Credo Technology is the real star of this breakout show.

Investors Business Daily

Crypto Play Leads 6 Newer IPOs Lead 21 'Perfect' Stocks

Coinbase and fellow Class of 2021 IPO Duolingo lead 21 names flagged by this stock screener, including Taser maker Axon Enterprise.

Investors Business Daily

Is Credo Technology (CRDO) a Hidden Gem in Tech Services?

Credo Technology (CRDO) is well-positioned for long-term growth, driven by surging demand for its high-speed connectivity solutions, its focus on introducing innovative products, and strategic collaborations. However, considering its elevated valuation and enhanced volatility, should you consider adding CRDO to your portfolio? Read on to find out….

StockNews.com

Why This Analyst Believes In Credo Technology

Credo Technology Group Holding Ltd (NASDAQ: CRDO) is an emerging cloud networking specialist that estimates its addressable market to grow at a compounded annual growth rate (CAGRA) of nearly 49%, according to BofA Securities.

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Mangeet Kaur BounsMangeet

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