Should You Buy, Sell or Hold Credo Stock at its P/S of 24.76X?

Credo Technology Group (CRDO) shares are currently overvalued, as suggested by its Value Score of F. In terms of the forward 12-month price/sales (P/S), CRDO is trading at 24.76X, higher than its median of 14.27X and the Zacks Computer and Technology sector’s 6.48X.Price/Sales Ratio (F12M)Image Source: Zacks Investment ResearchIn the year-to-date period, CRDO shares have returned 18.9%, outperforming the broader sector’s return of 1.8% and the Zacks Electronics – Semiconductors industry’s appreciation of 2% ...