Credo Technology Group Holding Ltd (NASDAQ: CRDO) was highlighted by Jim Cramer as a winning stock with great growth potential, despite insider selling. Cramer sees value in the company’s business inside the data center, even though financing details are unclear.
Credo Technology Group Holding Ltd (NASDAQ: CRDO) specializes in high-speed connectivity chips for Ethernet and PCIe applications. Cramer compared the company to a mini NVIDIA, predicting nearly threefold earnings growth. However, he cautioned about high customer concentration and recent insider selling affecting the stock’s performance.
Read more at Yahoo Finance: Jim Cramer Comments “We Think That Credo Has One of the Great Growth Stories”
