Credo's strong fundamental growth (revenue tripled to $1.3B, net income up >5x) supports a bullish outlook on the company as a key AI infrastructure play.

This has quickly become one of my favorite mediums for investing in AI infrastructure. I recently made a video for you a month ago, when the share price was around $1.65. Since then, the stock price has risen by about 30%.

Credo does n't make GPUs. They are not in competition with other chip companies or custom chip manufacturers in the market. These help solve one of the biggest problems caused by GPUs, namely the problem of data exchange or transfer.

Imagine a huge AI cluster with thousands of GPUs. Those GPUs need constant communication, and no matter how powerful your Nvidia or AMD GPU is, it's no use if you can't efficiently move data to the right place. That's where Credo comes into play.

For the full fiscal year, Credo's revenue more than tripled to $1.3 billion, while non-GAP net income increased more than fivefold. This is why I am very optimistic about this company.

This is not speculative growth, this is real growth.

Looking here, the stock is up more than 60% in the last 12 months, but it is down about 30% from its recent high. Anything over 70 is my goal, and in the case of Credo, they scored 76, which is pretty strong.

If you go to the Forecast tab, you can see that Wall Street is very positive about this company; They have set a 12-month average price target for the stock at around $270, which implies a roughly 25% upside from current levels, but I'm not looking to buy it right now.

Instead, I want to sell the December 18th $150 put option, and right now I can make about $500 on each contract. Remember, one option contract means 100 shares. So, if I sell a $150 put option, I'm essentially saying, "If the stock price drops below $150, I'm obligated to buy the stock at that price."

It's a $15,000 investment, but I do n't mind it at this stage. And in exchange for taking that risk and commitment, I get $500. This means that my effective cost will be around $145 once the share purchase is completed.

Again, the current share price is $212. The strike price is about 30% below the current price. If the price of Credo stays above $150, I will keep $500 as profit, and the value of the shares I hold will continue to increase.

But again, if it drops below 150, I will buy a company that I have been wanting to buy for a while, at a price that is comfortable for me.

Even if Crito drops to $100, I may be obligated to buy it for $150.

Crypto is $145,