Latest news with #CRDO
Yahoo
10 hours ago
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Credo Technology Group Holding Ltd (CRDO) Q4 2025 Earnings Call Highlights: Record Revenue ...
Q4 Revenue: $170 million, a 26% sequential increase and up 180% year over year. Fiscal Year '25 Revenue: $437 million, growth of 126% year over year. Q4 Non-GAAP Gross Margin: 67.4%. Fiscal Year '25 Non-GAAP Gross Margin: 65%. Q4 Non-GAAP Operating Income: $62.5 million. Q4 Non-GAAP Operating Margin: 36.8%. Q4 Non-GAAP Net Income: $65.3 million. Q4 Non-GAAP Net Margin: 38.4%. Q4 Cash Flow from Operations: $57.8 million. Q4 CapEx: $3.7 million. Q4 Free Cash Flow: $54.2 million. Cash and Equivalents at Quarter End: $431.3 million. Q4 Ending Inventory: $90 million. Q1 Fiscal '26 Revenue Guidance: $185 million to $195 million. Q1 Fiscal '26 Non-GAAP Gross Margin Guidance: 64% to 66%. Q1 Fiscal '26 Non-GAAP Operating Expenses Guidance: $54 million to $56 million. Fiscal Year '26 Revenue Expectation: Exceed $800 million, growth over 85% year over year. Fiscal Year '26 Non-GAAP Net Margin Expectation: Approach 40%. Warning! GuruFocus has detected 3 Warning Signs with CRDO. Release Date: June 02, 2025 For the complete transcript of the earnings call, please refer to the full earnings call transcript. Credo Technology Group Holding Ltd (NASDAQ:CRDO) reported a significant revenue increase of 180% year over year for Q4, reaching $170 million. The company achieved a non-GAAP gross margin of 67.4% in Q4, indicating strong profitability. Credo's fiscal year 2025 revenue grew by 126% year over year, reaching $437 million, showcasing robust growth. The company has successfully diversified its customer base, with three hyperscalers each contributing over 10% of revenue. Credo's innovative connectivity solutions have positioned it well to capitalize on the expanding AI infrastructure market. The company faces risks and uncertainties related to forward-looking statements, which could impact future performance. Despite strong growth, there is a potential for variability in customer mix and revenue contributions from quarter to quarter. Gross margin expansion may not always be linear due to differences in product mix and other factors. The company anticipates increased capital expenditures, potentially doubling due to upcoming 3-nanometer tape-outs. Tariff risks and macroeconomic factors could impact the company's operations and financial performance. Q: Can you provide details on the revenue contribution from your largest customers and the outlook for fiscal '26? A: Daniel Fleming, CFO, stated that the largest customer accounted for 61% of revenue, with two others at 12% and 11%. Credo expects continued diversification with two additional hyperscalers joining in the second half of fiscal '26, although exact projections are challenging. The company is optimistic about revenue diversification as their solutions gain broader adoption. Q: Why is there a projected decrease in gross margin for Q1 despite increased scale benefits? A: Daniel Fleming explained that while scale benefits are evident, gross margin expansion won't always be linear due to product mix variations. The Q1 gross margin is guided at 65% at the midpoint, reflecting these variations. The company is not setting a new long-term model but expects margins to remain at or above the high end of expectations. Q: Can you elaborate on the use cases for your AEC products and the transition to 800-gig upgrades? A: William Brennan, CEO, noted that AECs are primarily used for connecting servers with switches, with significant volume in scale-out back-end networks for AI. The transition from 50 gig to 100 gig per lane is expected to gain momentum towards the end of fiscal '26, although some customers have already moved to 100 gig per lane. Q: How are tariffs impacting your gross margin and what measures are you taking? A: Daniel Fleming mentioned that tariffs are not significantly impacting gross margins. William Brennan added that Credo is monitoring the situation closely and is prepared to shift production geographically if necessary, ensuring flexibility and efficiency in delivering solutions. Q: What is the outlook for your optical DSP business and its impact on future growth? A: William Brennan highlighted strong progress in the optical DSP business, with plans to double revenue in fiscal '26. The focus is on 100 gig per lane designs, with significant interest in power-efficient solutions for AI networks. The company is well-positioned for future growth as the market transitions to 200 gig per lane. Q: How does Credo's pilot software platform differentiate from competitors? A: William Brennan explained that the pilot platform offers advanced diagnostic and telemetry capabilities, providing visibility into SerDes IP, retimer ICs, and system-level solutions. This platform enhances reliability and uptime stability, setting a new benchmark in the competitive space. Q: What are the strategic priorities for Credo's IP business moving forward? A: William Brennan stated that while the IP business will remain below 5% of total revenue, it will focus on strategic engagements that enable system-level solutions with key customers. The company will be opportunistic but prioritize strategic value over revenue percentage. Q: How does Credo plan to manage supply chain constraints amid rapid growth? A: William Brennan assured that Credo has demonstrated the ability to ramp production quickly, with strong relationships across the supply chain. The company is well-prepared to handle significant growth, leveraging its systems operations team's close ties with suppliers to ensure timely delivery. For the complete transcript of the earnings call, please refer to the full earnings call transcript. This article first appeared on GuruFocus. 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Yahoo
13 hours ago
- Business
- Yahoo
Credo Technology Group (CRDO) Upgraded to Buy: Here's Why
Investors might want to bet on Credo Technology Group Holding Ltd. (CRDO), as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. Individual investors often find it hard to make decisions based on rating upgrades by Wall Street analysts, since these are mostly driven by subjective factors that are hard to see and measure in real time. In these situations, the Zacks rating system comes in handy because of the power of a changing earnings picture in determining near-term stock price movements. As such, the Zacks rating upgrade for Credo Technology Group is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the near-term price movement of its stock are proven to be strongly correlated. That's partly because of the influence of institutional investors that use earnings and earnings estimates for calculating the fair value of a company's shares. An increase or decrease in earnings estimates in their valuation models simply results in higher or lower fair value for a stock, and institutional investors typically buy or sell it. Their bulk investment action then leads to price movement for the stock. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Credo Technology Group imply an improvement in the company's underlying business. Investors should show their appreciation for this improving business trend by pushing the stock higher. Empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock movements, so it could be truly rewarding if such revisions are tracked for making an investment decision. Here is where the tried-and-tested Zacks Rank stock-rating system plays an important role, as it effectively harnesses the power of earnings estimate revisions. The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here >>>>. For the fiscal year ending April 2025, this company is expected to earn $0.63 per share, which is a change of 600% from the year-ago reported number. Analysts have been steadily raising their estimates for Credo Technology Group. Over the past three months, the Zacks Consensus Estimate for the company has increased 34.8%. Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term. You can learn more about the Zacks Rank here >>> The upgrade of Credo Technology Group to a Zacks Rank #2 positions it in the top 20% of the Zacks-covered stocks in terms of estimate revisions, implying that the stock might move higher in the near term. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Credo Technology Group Holding Ltd. (CRDO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error while retrieving data Sign in to access your portfolio Error while retrieving data Error while retrieving data Error while retrieving data Error while retrieving data
Yahoo
13 hours ago
- Business
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CRDO Tanks 33% in 3 Months: Should You Hold the Stock or Make an Exit?
Credo Technology Group Holding Ltd CRDO stock has slipped 33.3% over the past three months, significantly more than the Electronic-Semiconductors industry's decline of 16.4%. The broader Computer and Technology sector and S&P 500 Composite have registered declines of 11.5% and 7.8%, respectively, over the same time frame. The markets since April have been affected by evolving U.S. trade policy and diminishing macroeconomic visibility. Image Source: Zacks Investment Research CRDO gained 6.1% yesterday and closed trading at $51.39, but the stock is down 41% below its 52-week high of $86.69. This is likely to spook investors as they contemplate how to strategize their investment now. The natural question is: Should you stay invested or exit now? Let's weigh the pros and cons of this AI stock and see whether it is worth staying invested or not. Credo is a provider of high-performance serial connectivity solutions for the data infrastructure market. Amid exponential data growth and rapid AI proliferation, market demand for faster and energy-efficient connectivity solutions continues to increase. This bodes well for Credo. One of Credo's key strengths lies in its Active Electrical Cables (AEC) product line, which posted triple-digit sequential growth in the third quarter of fiscal 2025. The growth is driven by its increasing adoption in the data center market. The demand for AECs is increasing as ZeroFlap AECs offer more than 100 times improved reliability than laser-based optical solutions. This made AECs an increasingly attractive option for data center applications, contributing to the new expansion of AEC usage and further solidifying Credo Technology's position in the market. Image Source: Zacks Investment Research Credo is also focused on expanding its product portfolio to include a portfolio of PCIe solutions, which will address the growing demand for AI scale-out and scale-up networks. The company expects the PCIe products to considerably expand its total addressable market. This expansion into PCIe connectivity further solidifies the company's competitive positioning in the high-performance computing and AI markets. Momentum in the optical business, particularly for Optical Digital Signal Processors (DSPs), bodes well. In April 2025, CRDO unveiled the innovative Lark Optical DSP family, engineered to transform 800G optical transceivers. The Lark portfolio has two distinct optical DSP products. The Lark 800 is a high-performance, low-power DSP optimized for fully retimed 800G transceivers, designed to meet the stringent power and cooling requirements of hyperscale AI data centers. The Lark 850 is an ultra-low-power 800G Linear Receive Optics DSP, consuming under 10W, making it an ideal solution for AI-driven data environments where power efficiency is exceptional. CRDO's PCIe retimers and Ethernet retimers saw strong customer interest, especially for scale-out networks in AI servers. This growing demand underscores the increasing importance of high-performance solutions in the rapidly expanding AI server market. PCIe retimer demand is expected to exceed $1 billion by 2027, positioning Credo Technology for significant future revenue growth. For the fourth quarter of fiscal 2025, CRDO expects revenues between $155 million and $165 million. The Zacks Consensus Estimate for fiscal fourth-quarter revenues is pegged at $160 million, suggesting growth of 163.2% from the year-ago quarter's reported figure. For the third quarter of fiscal 2025, CRDO reported $135 million in revenues, up 87% sequentially and 154% year over year, beating the Zacks Consensus Estimate by 12.5%. This surge was mainly driven by its largest hyperscale customer, which significantly scaled the production of AI platforms, reflecting the growing demand for AI-powered connectivity solutions. Despite Credo's strong performance and innovative solutions, several challenges pose headwinds to its prospects. CRDO's business is heavily tilted toward AI-related infrastructure and the hyperscale cloud market spending. While these segments are currently experiencing high growth, they are also cyclically dependent on AI capex spending, which could decelerate after initial buildouts. Credo's non-GAAP operating expenses in the fiscal third quarter surged 16% sequentially to $43.8 million, primarily due to higher headcount. Increasing costs could become a problem if the revenue growth does not keep pace. In the last reported quarter, 86% of revenue came from a single end customer. This intense customer concentration risk can impact revenues as the company becomes highly vulnerable to the loss of business from those clients. To diversify its base, CRDO added that it has two additional hyperscalers in qualification and has already achieved volume production with three others. The company expects to ramp up with these two hyperscalers in fiscal 2026. These factors, along with increasing market competition and macroeconomic uncertainties, may impact CRDO's growth trajectory. Credo competes with semiconductor giants like Broadcom Inc. AVGO and Marvell Technology, Inc. MRVL. Analysts also seem wary as reflected in unchanged revisions for earnings estimates in the past 60 days. Image Source: Zacks Investment Research CRDO's 33.3% decline is also much steeper than peers like Broadcom and Cirrus Logic, Inc. CRUS. Broadcom and Cirrus Logic have declined 11.6% and 6.5%, respectively. However, Marvell's stock has declined 48.9% in the same time frame. Credo Technology stock is also not so cheap, as its Value Style Score of F suggests a stretched valuation at this moment. In terms of the forward 12-month Price/Sales ratio, CRDO is trading at 12.92, higher than the Electronic-Semiconductors sector's multiple of 6.97. Image Source: Zacks Investment Research In comparison, Broadcom trades at a forward 12-month P/S multiple of 14.46, while Cirrus Logic and Marvell Technology are trading at a multiple of 2.76 and 5.71, respectively. While Credo appears well-positioned in the AI-driven connectivity space, there are several factors that could exert downward pressure on the stock. Key concerns include customer concentration, competitive pressures, stretched valuation, and overreliance on AI spending. CRDO currently carries a Zacks Rank #3 (Hold), which indicates that investors should wait for a better entry point. However, existing investors can hold the stock as its growth prospects remain intact. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Marvell Technology, Inc. (MRVL) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report Cirrus Logic, Inc. (CRUS) : Free Stock Analysis Report Credo Technology Group Holding Ltd. (CRDO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13 hours ago
- Business
- Yahoo
Bull of the Day: Credo Technology (CRDO)
Credo Technology Group (CRDO) is a key supplier of high-performance serial connectivity solutions for the hyperscale datacenter, 5G carrier, enterprise networking, HPC (high-performance computing), and AI/ML is located in the center of the AI revolution in San Jose, sales growing 120% this fiscal year to $425 million, one of Credo's high demand products is their line of Active Electrical Cables (AEC) which provide high-speed connectivity solutions to data centers and enterprises with heavy AI and cloud computing also makes Digital Signal Processing (DSP) chipsets to facilitate high-bandwidth data transfer with low energy largest and most strategic customers are leading hyper-scalers like Microsoft (MSFT) and Amazon who use Credo's AECs to support AI and cloud its biggest competition comes from Broadcom (AVGO) and Marvell (MRVL) in connectivity solutions for the AI is the AI Market MakerAs I've said for almost eight years, Jensen & Co. have been creating new industries we didn't even know we needed. Once modern data enterprises and research universities caught on to what GPU-CUDA "massively parallel architectures" could do for them, they literally created new uses cases by the thousands per you can simulate anything, use synthetic data to do so, and then run billions of iterations on your experimental idea in a matter of hours, innovation happens much Jensen talks about 1,000-fold advances in science, engineering, and social challenges. And then you understand why NVIDIA (NVDA) power tools are in such demand for the Global 2000 corporations, plus universities, plus nation-states who need to secure and "mine & model" their own my NVIDIA (NVDA) "Top Picks" video on April 21, I compared the new Huawei supercomputer offering to NVIDIA's GB200 one of my points of focus was on the high-speed, low-latency connectivity required for these new rack-scale architectures. I didn't mention Credo, but I'm very curious about how closely they are working together since Jensen likes that "copper is cheaper" and perfectly still useful for direct connections between GPUs in racks.A Fly in the AnointmentThis all sounds great for Credo going forward, especially as they are projected to grow EPS this fiscal year by a whopping 600%!But the stock was richly valued before their Q3 FY2025 (ended April) report. Right now at an $8 billion market cap on forward sales of over $500 million, they are conservatively trading over 16X early March when they reported, CRDO shares had been cut in half from $80 to $40 in just a month just to get back down to earth at 16X sales. So it's safe to say they were trading near 30X sales in Q1 near the stock highs above $ of the big pessimism -- or realism -- even before the trade war tumult, was that Credo's Q3 38% EPS beat and giant 12.5% revenue beat was built around a single large customer who may have contributed as much as 85% of that topline: they didn't disclose Amazon (AMZN) as the big kahuna in their operations, many analysts had sufficient reason to suspect this was the case."As we shared last quarter, we had seven customers that contributed more than 5% of revenue," said Credo Chief Financial Officer Dan Fleming. "And going forward, we expect that three to four customers will be greater than 10% of revenue in the coming quarters and fiscal year, as additional hyperscalers ramp to more significant volumes."I think Credo can keep growing and we won't see another quarter so dependent on one large Makes Credo's AECs More Efficient Than Other Cables?Credo's Active Electrical Cables (AECs) stand out for their efficiency and performance in modern data center environments, especially compared to traditional Direct Attached Copper (DAC) and Active Optical Cables (AOC). Here are the key factors:1. Substantial Power SavingsCredo's AECs consume about 50% less power than traditional DACs and significantly less than AOCs, making them highly energy example, their second-generation HiWire LP SPAN AECs reduce power consumption by nearly half while increasing cable reach by 40% compared to the previous generation.2. Thinner, More Flexible CablesCredo's AECs use thinner copper (as slim as Cat 6 cables), reducing cabling volume by up to 75% compared to passive DACs. This makes them easier to route and manage in dense data center thinner, lighter cables also support longer distances and tighter bend radii, which is critical for modern rack-to-rack and server-to-switch connections.3. Superior Performance and ReliabilityIntegrated digital signal processors (DSPs) and retimers in Credo's AECs deliver better signal integrity, enabling higher data rates (up to 800G and 1.6T) over longer distances without cables offer extreme reliability, with Mean Time Between Failure (MTBF) ratings up to 100 million hours, minimizing downtime and maintenance.4. Plug-and-Play SimplicityCredo's AECs are hot-swappable and easy to deploy, providing a drop-in replacement for AOCs and DACs without the need for additional components or complex also support advanced features like dual Top-of-Rack (TOR) redundancy for enhanced reliability in hyperscale data centers.5. Lower Environmental ImpactBy reducing power consumption and using less plastic and copper, Credo's AECs help customers decrease their environmental Connectivity Innovation for AINow that you know Credo's key "connector" role in the AI economy, let me highlight recent press releases that you should go find on their website if you are interested in learning 18: Credo and XConn to Showcase Seamless GPU Cluster at NVIDIA GTCMarch 26: Credo to Showcase AI Scale Out Fabric Featuring Credo Optical DSPs at OFC 2025March 27: Credo Named a Winner of the 2025 Top Workplaces USA AwardApril 1: Credo Unveils the Lark Family - Setting a New Benchmark for Low-Power 800G Optical DSPsIf their innovation cadence maintains like this, I'm sure their big customer wins will keep growing. If you are really into the AI revolution like I am, watch this video from a Credo engineer that explains the chasm they just jumped last OCP Global Summit 2024 Innovation Village Walk-ThruSheraz Mian and Zacks Top 10 PicksZacks Director of Research Sheraz Mian made CRDO one of his Top 10 Picks for this year. While the stock is off to a rough start for Q1, his description of their business was exceptional so I want to share it for your own due aims to break bandwidth barriers in the data infrastructure market. It provides secure, high-speed connectivity solutions that deliver improved power efficiency as data rates and corresponding bandwidth requirements increase exponentially throughout the data infrastructure Credo's SerDes and DSP chips optimize data transfer by enabling high-speed, error-free communication within data centers, while its HiWire Active Electrical Cables (AECs) provide efficient, high-bandwidth connections between servers to support AI workloads and large-scale data important trends are driving the data infrastructure market, such as cloud workloads, streaming video, 5G wireless deployment, the expansion of Internet of Things (IoT), and, most notably, the growing adoption of artificial intelligence. These trends have all created an explosion of data that has stressed existing infrastructure and forced a major shift.(end of Sheraz Mian observations)The rapid adoption of AI and the need for efficient data center connectivity are driving increased demand for Credo's products among top-tier builders of the AI is expanding its customer base to include all the major technology firms -- from Apple to Tesla -- and multiple large enterprises in energy and education in the line on CRDO: If Sheraz hadn't put Credo on my radar, I might not have studied it enough. Now that I know better, I think its a buy in the $40s. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Credo Technology Group Holding Ltd. (CRDO) : Free Stock Analysis Report Inc. (AMZN) : Free Stock Analysis Report Microsoft Corporation (MSFT) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Broadcom Inc. (AVGO) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
Forbes
3 days ago
- Business
- Forbes
Will CRDO Stock Rise After Earnings?
POLAND - 2025/02/19: In this photo illustration, the Credo Technology company logo is seen displayed ... More on a smartphone screen. (Photo Illustration by Piotr Swat/SOPA Images/LightRocket via Getty Images) Credo Technology (NASDAQ:CRDO), a company specializing in electrical cable and interconnect products, is set to announce its earnings on Monday, June 2, 2025. For traders focused on events, historical data since 2022 indicates that the stock has nearly an equal probability of rising or declining following its earnings announcement. CRDO recorded a positive one-day return in 54% of cases after earnings releases over the past three years. In the instances of positive performance, the median one-day return was quite significant at 23.2%, with a maximum positive one-day return of 47.9%. This underscores the considerable volatility the stock undergoes around earnings announcements. While the actual performance relative to analyst expectations and market forecasts will be crucial, recognizing these historical trends can provide an edge to event-driven traders. There are two primary strategies to consider: Analysts expect Credo Technology to announce earnings of $0.27 per share on revenues of $159.59 million. This marks a notable increase compared to the same quarter last year, when the company reported earnings of $0.07 per share on sales of $60.78 million. From a fundamental perspective, Credo Technology currently has a market capitalization of $10 billion. In the past year, the company generated $328 million in revenue. It reported an operating loss of $3.8 million but achieved a net income of $5.1 million. Therefore, if you are seeking potential gains with lower volatility than individual stocks, the Trefis High Quality portfolio offers an alternative — it has outperformed the S&P 500 and delivered returns exceeding 91% since its inception. Separately, see – What's Behind The 400% Rise In IONQ Stock? View earnings reaction history of all stocks Some insights on one-day (1D) post-earnings returns: Additional data concerning observed 5-Day (5D) and 21-Day (21D) returns following earnings releases are summarized alongside the statistics in the table below. CRDO 1D, 5D, and 21D Post Earnings Returns A relatively lower risk strategy (though ineffective if the correlation is weak) involves understanding the correlation between short-term and medium-term returns after earnings, identifying a pair that demonstrates the highest correlation, and executing the corresponding trade. For instance, if 1D and 5D exhibit the strongest correlation, a trader can position themselves "long" for the next 5 days if the 1D post-earnings return is positive. Below is some correlation data derived from the 5-year and 3-year (more recent) history. Note that the correlation 1D_5D refers to the correlation between 1D post-earnings returns and the subsequent 5D returns. CRDO Correlation Between 1D, 5D and 21D Historical Returns At times, the performance of peers can impact the stock reaction following earnings. In fact, the pricing may start to adjust before the earnings announcements are made. Below is historical data comparing the post-earnings performance of Credo Technology stock with the stock performance of peers that announced earnings just prior to Credo Technology. For an accurate comparison, peer stock returns also reflect post-earnings one-day (1D) returns. CRDO Correlation With Peer Earnings Discover more about Trefis RV strategy which has outperformed its all-cap stocks benchmark (a combination of the S&P 500, S&P mid-cap, and Russell 2000), generating strong returns for investors. Additionally, if you prefer upside with a more stable experience than investing in an individual stock like Credo Technology, consider the High Quality portfolio, which has outperformed the S&P and achieved >91% returns since its inception.
