CRDO

You will notice a similar pattern, as the same applies to CRDO stock. CRDO's stock saw a massive surge on Friday, closing up 10%, then 7.7%. Now, interestingly, the stock has since fallen, crossing the price gap and thus completely undoing its rise, dropping 10% to its lowest point that day.

Uh, Dudy, you're mentioning CRDO. Looks good. Here's CRDO. By the way, um, this was this had a great day yesterday. Great day yesterday. I know Ripster and his group absolutely crushed this.

They actually used the multi-time frame cloud uh strategy. I didn't have this one in the universe yesterday, unfortunately. I might have done better if that was the case. But the good news here, look at this extension we're getting in the pre-market.

So, we are holding well above the intraday high from yesterday. And it actually looks like we're going to continue to extend higher here. And if we look at the daily chart, we're four points away from the 200 day.

So, right away, I would say that that's a key level here. Can we get above this? Close above this. We've got the 20-day and then we have a gap that fills up at 206. That gap is from 190 to 206 by the way.

So, um that is this thing had a great day yesterday. Can we get some continuation here today?

Tesla, ARM, Nvidia, TSM, uh even crypto, Oracle, Nebus, AMD, Cororeweave, Marvel, SpaceX, SpaceX, Big Day, ALAB, Credo, everything positive.

Now, jumping into the first stock, uh, Neil, that I want to jump into is going to be Credo Technology, ticker CRO. Um, this is a semiconductor player. they do really focus on the networking solution of of of AI servers and AI infrastructures.

Um, one of the big risk for this company is usually customer concentration. But I'm a firm believer that in this AI story, there's only a selected amount of people that are building AI infrastructures at these types of scales.

So no matter who you're working with in the semiconductor space or AI infrastructure space, customer concentration will be part of this business. It's a risk to understand but it's also understand that it is part of the space.

We did a practical walkthrough of how you would use that platform with Credo Technologies.

But the two companies that maybe we could call new Baby Broadcoms, Astera Labs and Credo Technology, the one that has actually sold off pretty hard.

Let's just take a look at Credo. This thing highlights who the leaders are in each metric. Credo is the one that's growing at the fastest rate, hundred and fifteen percent year over year in the most recent quarter, but it's the one that sold off recently.

Now, the three stocks that I want to take a closer look at are going to be Credo, ticker CD. Credle is really kind of helping with the networking solutions of AI chip developments.

They have a lot of growth opportunities coming in in the future.

But with Credto, right? Credo right now, year to date, the stock is up about 19%. Right? But from its overall year-to- date peak, the stock is down nearly 46%. It did peak earlier this year at somewhere around $32.

Right now, we're seeing at $162. So, massive pullback.