Company Overview - Credo Technology Group Holding Ltd. (CRDO) currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 1 (Strong Buy), suggesting a favorable outlook for investors [3] Price Performance - Over the past week, CRDO shares have increased by 19.69%, outperforming the Zacks Electronics - Semiconductors industry, which rose by 4.25% [5] - In a longer time frame, CRDO's shares have risen by 28.72% over the past month, compared to the industry's 3.69% [5] - Over the last three months, CRDO shares have surged by 51.19%, and over the past year, they have increased by 148.83%, while the S&P 500 has only moved 4.46% and 13.71%, respectively [6] Trading Volume - The average 20-day trading volume for CRDO is 5,337,776 shares, which serves as a bullish indicator when combined with rising stock prices [7] Earnings Outlook - In the past two months, four earnings estimates for CRDO have been revised upwards, while none have been lowered, leading to an increase in the consensus estimate from $1.08 to $1.48 [9] - For the next fiscal year, one estimate has moved upwards with no downward revisions during the same period [9] Conclusion - Given the strong price performance, positive earnings outlook, and high momentum score, CRDO is positioned as a promising investment opportunity [11]

Group 1 - The article discusses the initiation of coverage on Credo Technology Group Holding Ltd (NASDAQ: CRDO) with a bullish rating, suggesting that the stock's valuation is not as expensive as it appears despite high multiples [1] - The investment group Beyond the Wall Investing offers features such as a fundamentals-based portfolio, weekly analysis from institutional investors, and alerts for short-term trade ideas based on technical signals [1] - The analyst has a beneficial long position in CRDO shares, indicating confidence in the stock's future performance [1]

Core Viewpoint - Credo Technology Group Holding Ltd. (CRDO) shows a significant improvement in earnings outlook, making it an attractive investment option as analysts continue to raise earnings estimates for the company [1][2]. Earnings Estimate Revisions - The upward trend in earnings estimate revisions indicates growing analyst optimism regarding the company's earnings prospects, which is expected to positively impact its stock price [2]. - The consensus earnings estimate for the current quarter has increased to $0.35 per share, reflecting a remarkable change of +775% year-over-year, with a 36.75% increase over the last 30 days [5]. - For the full year, the expected earnings per share is $1.48, representing a year-over-year increase of +111.43%, with a 43.33% rise in consensus estimates over the past month [6][7]. Zacks Rank and Performance - Credo Technology Group has achieved a Zacks Rank 1 (Strong Buy), indicating strong potential for outperformance based on favorable estimate revisions [8]. - Stocks with a Zacks Rank 1 and 2 have historically outperformed the S&P 500, suggesting a positive outlook for Credo Technology Group [8]. Stock Performance - The shares of Credo Technology Group have increased by 43.6% over the past four weeks, indicating strong investor confidence in the company's earnings growth prospects [9].

Company Overview - Invictus Origin is a high-alpha investment management firm founded by Oliver Rodzianko in May 2025, aiming to become a globally recognized actively managed fund [1] - The firm is developing innovative portfolio strategies, particularly through its Nasdaq High-Alpha Black Swan Portfolio, designed to sustainably outperform the Nasdaq-100 [1] - The portfolio maintains approximately 20% in strategic cash reserves, providing downside protection and flexibility during market disruptions [1] Leadership and Expertise - Oliver Rodzianko has extensive experience as a macro-focused investment analyst specializing in public equities, emphasizing fundamental valuation and long-term market cycles [1] - His sector expertise includes technology, semiconductors, artificial intelligence, and energy, integrating U.S. market specialization with international market awareness [1] - Rodzianko has a strong reputation as an Investment Analyst for platforms like Seeking Alpha, TipRanks, and GuruFocus, providing actionable insights to sophisticated investors [1] Investment Strategy - The investment process at Invictus Origin focuses on capturing asymmetric upside by navigating market dislocations and intrinsic value cycles [1] - The firm is characterized by resilience, performance, and disciplined capital stewardship, supported by a complementary family office structure for lower-volatility capital preservation [1]

Investment Rating - Industry Rating: Outperform the Market (Maintained Rating) [1] Core Insights - The report highlights the upcoming WWDC 2025, emphasizing the integration of AI into system-level experiences and the expected innovations in hardware and software from Apple [12][15][17] - Recent financial performances from companies like Credo, Broadcom, and Nvidia indicate strong growth driven by AI-related demands, with significant revenue increases reported [20][24][29] - The report notes the resurgence of interest in AI glasses, with multiple new products launched, indicating a growing market for augmented reality applications [6][8] Summary by Sections 1. Weekly Perspective - WWDC 2025 is set to showcase AI software and hardware upgrades, with Apple expected to unveil significant updates across its operating systems [12][15] - Credo's stock has surged over 180% due to its focus on AI and high-speed interconnects, with Q4 revenue reaching $170 million, a 25.9% quarter-over-quarter increase [20][22] - Broadcom reported Q2 revenue of $15 billion, a 20% year-over-year increase, driven by strong demand for AI-related products [24][25] - Nvidia's Q1 revenue reached $44.06 billion, a 69% year-over-year increase, with significant contributions from data center and gaming sectors [29][30] 2. AI Glasses Market - The report discusses the launch of new AI glasses by companies like Raybird and Rokid, which are expected to enhance user experiences by integrating smartphone functionalities [6][8] - The AR glasses market is experiencing renewed interest, leading to increased investments in upstream near-eye display projects [6][8] 3. Panel and Display Innovations - The report notes a divergence in the panel market, with display panels maintaining an upward trend due to tariff exemptions and proactive inventory management by brands [7][8] - TCL and Alibaba Cloud have announced a strategic partnership to enhance AI capabilities in semiconductor displays and smart terminals [7][8]

Investment Rating - The report maintains a "Recommended" rating for the electric power equipment sector [6][18]. Core Viewpoints - The overseas AI companies have frequently exceeded expectations, indicating the arrival of a resonant era between domestic and foreign AI sectors. This week, companies like Credo and Wistron reported better-than-expected Q1 results, while major players in the copper cable and AI application sectors, such as Amphenol and Palantir, continue to see stock price increases [5][14]. - The domestic AI sector is experiencing a rebound, driven by strong performance metrics, such as the monthly payment amount for Keling AI exceeding 100 million RMB for two consecutive months [5][14]. - The report suggests that the current AI market cycle will see continued valuation recovery in overseas chains, while domestic chains have a straightforward logic with strong upward expectations. Specific recommendations include focusing on Weichai Heavy Machinery, Kehua Data, Tonghe Technology, and others in the HVDC and server power supply segments [6][17]. Summary by Sections Investment Viewpoints - The report emphasizes that both overseas and domestic AI sectors are poised for significant growth, with specific recommendations for companies like Weichai Heavy Machinery and Kehua Data, which are expected to benefit from increasing market penetration and power enhancements [6][17]. Industry Dynamics - The report highlights recent advancements in AI, including the launch of the Qwen3-Embedding series by Alibaba, which has shown exceptional performance in text representation and ranking tasks [5][14]. - It also notes the ongoing developments in the education sector with the introduction of EduBench, a comprehensive evaluation benchmark for educational scenarios [20]. Key Companies and Earnings Forecast - The report provides a detailed earnings forecast for several key companies, including: - Weichai Heavy Machinery (32.09 RMB, EPS: 0.56 in 2024, PE: 30.99) [19] - Kehua Data (43.5 RMB, EPS: 0.68 in 2024, PE: 42.35) [19] - Yingweike (26.72 RMB, EPS: 0.61 in 2024, PE: 66.43) - Buy rating [19] - Maigemi Te (47.21 RMB, EPS: 1.08 in 2024, PE: 43.71) - Buy rating [19] - Tonghe Technology (18.77 RMB, EPS: 0.13 in 2024, PE: 144.38) - Increase rating [19] - Oulutong (112.04 RMB, EPS: 2.65 in 2024, PE: 40.32) [19] - Shenling Environment (35.54 RMB, EPS: 0.43 in 2024, PE: 82.65) - Buy rating [19]

Core Insights - Credo Technology Group Holding Ltd (CRDO) stock has increased by 50.2% over the past month, outperforming the Electronic-Semiconductors sector's growth of 18.8% and the broader Computer and Technology sector's growth of 10.3% [1][8] - The company's fiscal Q4 revenues surged 179.7% year over year to $170 million, driven by strong product sales and AI demand [3][8] - CRDO expects fiscal 2026 revenues to exceed $800 million, indicating an 85% year-over-year growth [11][8] Financial Performance - CRDO's fiscal 2025 revenues rose 126% year over year to $436.8 million, with significant contributions from product sales [3][8] - The company anticipates first-quarter fiscal 2026 revenues between $185 million and $195 million, representing a 12% increase at the midpoint [11] - Non-GAAP gross margin is projected to be between 64-66%, with operating expenses estimated at $54 million to $56 million [11] Product and Market Dynamics - The Active Electrical Cables (AEC) product line has shown double-digit sequential growth, particularly in the data center market, due to its reliability compared to traditional optical solutions [4] - CRDO's Optical Digital Signal Processors (DSPs) are gaining momentum, with expectations for increased customer diversity and revenue growth [5][8] - The demand for PCIe and Ethernet retimers is robust, particularly in AI server applications, indicating a strong market position for CRDO [9][10] Competitive Positioning - CRDO's stock performance has significantly outpaced competitors like Broadcom, Marvell, and Cirrus Logic, which have seen gains of 22.3%, 14.2%, and 3.4%, respectively [15] - The company is trading at a forward 12-month Price/Sales ratio of 18.03, higher than the sector average of 8.21, indicating a premium valuation [16] Analyst Sentiment - Analysts have revised earnings estimates upwards in the past 60 days, reflecting increased confidence in CRDO's growth trajectory [12] - The company maintains a Zacks Rank 1 (Strong Buy), supported by strong business momentum and positive guidance [18]

Company Performance - Commvault Systems (CVLT) has gained approximately 24% year-to-date, significantly outperforming the average gain of 0.2% in the Computer and Technology sector [4] - The Zacks Consensus Estimate for CVLT's full-year earnings has increased by 7.6% over the past 90 days, indicating improved analyst sentiment and earnings outlook [3] - Commvault Systems is currently ranked 2 (Buy) in the Zacks Rank system, suggesting a favorable position for potential investors [3] Industry Comparison - Commvault Systems belongs to the Computer - Software industry, which consists of 30 individual stocks and is currently ranked 49 in the Zacks Industry Rank [5] - The average gain for stocks in the Computer - Software industry this year is 8.2%, indicating that CVLT is performing better than its peers in this specific industry [5] - In contrast, Credo Technology Group Holding Ltd. (CRDO), another stock in the Computer and Technology sector, has a year-to-date return of 8.6% and is ranked 1 (Strong Buy) in the Zacks Rank [4][5] Sector Overview - The Computer and Technology sector includes 608 individual stocks and is currently ranked 5 in the Zacks Sector Rank [2] - The sector's performance is evaluated based on the average Zacks Rank of individual stocks, which is derived from earnings estimates and revisions [2][3] - Investors are encouraged to monitor both Commvault Systems and Credo Technology Group Holding Ltd. for their potential to maintain solid performance in the sector [6]

Group 1: Credo Technology Group - Credo Technology Group is a provider of high-performance serial connectivity solutions for various markets including hyperscale datacenter, 5G carrier, enterprise networking, artificial intelligence, and high-performance computing [1] - The company has a Zacks Rank of 1 (Strong Buy) and its current year earnings estimate has increased by 19.4% over the last 60 days [1] - Credo's shares have gained 73.6% over the last three months, significantly outperforming the S&P 500's gain of 3.6% [2] Group 2: Ferguson plc - Ferguson plc is a distributor of plumbing and heating products primarily serving professional contractors and consumers in the USA, UK, Nordics, Canada, and Central Europe [2] - The company also holds a Zacks Rank of 1 and has seen a 1.7% increase in its current year earnings estimate over the last 60 days [2] - Ferguson's shares have increased by 29.3% over the last three months, again outperforming the S&P 500's gain of 3.6% [3]

Group 1 - The company Credo (CRDO) has shown significant growth potential, with its stock price increasing by 60% since the beginning of the year [1] - The article reflects a positive sentiment towards the company's future performance, indicating strong investor interest [1] Group 2 - There is a potential for initiating a long position in CRDO, AMZN, and MFST within the next 72 hours, suggesting a bullish outlook on these stocks [2] - The article is authored independently, with no compensation received from the companies mentioned, indicating an unbiased perspective [2]