Analysts Like Credo Going Into Earnings — Time to Buy CRDO Stock?

Credo Technology (CRDO) will release its second-quarter earnings results on Monday, Dec. 1. The stock has already delivered an impressive rally, rising 33.7% over the past three months and soaring over 138% so far this year. Much of that momentum in CRDO stock has been driven by strong demand for its high-speed connectivity solutions tied to the ongoing boom in artificial intelligence. www.barchart.com Even after that notable surge, Wall Street remains bullish. Most analysts still rate Credo as a “Strong ...