CRDO's hyperscaler expansion fuels surging AEC growth, but heavy reliance on a few customers raises risks as AI-driven demand accelerates.

Credo benefits from hyperscalers prioritizing copper-based AECs for short-reach AI data center links, driving roughly 3x year-over-year revenue growth. ZeroFlap Optics will extend CRDO's reach beyond AECs, targeting any in-data-center optical length with much higher reliability and lower power, supported by rising purchase commitments and an accelerated production ramp. Recent quarters show smaller beats versus revenue and gross margin guidance, raising the risk that strong fundamentals are already largely priced into the stock.

Bridget's Buys is a compilation of stocks picked by MarketBeat channel host Bridget Bennett. She's become exposed to dozens of stocks and has picked the most interesting to add to her watchlist.

Micron Technology (MU), Lumentum Holdings (LITE), and Credo Technology (CRDO) are strong buy tech picks with exceptional EPS growth and attractive valuations amid market volatility. MU stands out with a 412% YoY EPS growth and a forward EPS CAGR of 324%, trading at a PE of 6.5, offering a compelling valuation compared to peers like NVDA.

Stock News Markets edge higher before Iran deadline: Global equities were mixed and oil volatile ahead of President Trump's deadline on Iran's Hormuz reopening,

Credo Technology Group Holding Ltd. (NASDAQ: CRDO - Get Free Report) CFO Daniel Fleming sold 2,460 shares of the business's stock in a transaction dated Sunday, April 5th. The shares were sold at an average price of $101.45, for a total transaction of $249,567.00. Following the transaction, the chief financial officer directly owned 441,258 shares of

Credo Technology Group Holding Ltd. (NASDAQ: CRDO - Get Free Report) CFO Daniel Fleming sold 2,460 shares of the business's stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $101.45, for a total transaction of $249,567.00. Following the sale, the chief financial officer directly owned 443,718 shares in

Credo Technology Group Holding Ltd. (NASDAQ: CRDO - Get Free Report) CTO Chi Fung Cheng sold 2,434 shares of the business's stock in a transaction on Sunday, April 5th. The stock was sold at an average price of $101.45, for a total transaction of $246,929.30. Following the completion of the sale, the chief technology officer owned

Credo Technology Group Holding Ltd. (NASDAQ: CRDO - Get Free Report) COO Yat Tung Lam sold 3,180 shares of Credo Technology Group stock in a transaction on Sunday, April 5th. The shares were sold at an average price of $101.45, for a total transaction of $322,611.00. Following the sale, the chief operating officer directly owned 2,610,329

CRDO posts record Q3 FY26 results with surging margins and revenue as AI demand, AEC growth and hyperscaler expansion fuel strong profitability gains.