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Is Credo Technology (CRDO) One of the Best Up and Coming Stocks to Buy According to Wall Street?
Yahoo Finance· 2026-01-08 14:12
Credo Technology Group Holding Ltd. (NASDAQ:CRDO) is one of the best up and coming stocks to buy according to Wall Street. On December 16, Bank of America analyst Vivek Arya lowered the firm’s price target on Credo Technology to $200 from $240 and maintained a Buy rating on the shares. This sentiment was announced as BofA updated its price targets for covered US Semiconductor stocks. The firm anticipates that stock prices may experience volatility due to scrutiny of AI returns and hyperscaler spending, but ...
Is MRVL Stock a Buy, Sell or Hold at a P/S Multiple of 7.67X?
ZACKS· 2026-01-05 14:40
Key Takeaways MRVL's data center revenues hit $1.52B in Q3 fiscal 2026, rising 37.8% year over year on strong AI demand.MRVL expects custom silicon to be about one-fourth of data center revenues.MRVL is boosting AI networking via the Celestial AI deal and partnerships with AWS and NVIDIA.Marvell Technology (MRVL) is currently trading at a forward 12-month price-to-earnings (P/S) ratio of 7.67X, which is higher than the Zacks Electronics - Semiconductors sector’s average of 7.44X. The company is trading at a ...