Portfolio: Zacks Top 10

Credo Technology Group Holding Ltd (CRDO) presents a compelling high-growth investment opportunity positioned at the epicenter of the artificial intelligence infrastructure boom. The company’s specialized high-speed cables capable of supporting speeds of 100 gigabits per second to up to 1.6 terabits per second have become indispensable for hyperscale data centers running high-powered AI training and inference workloads, driving explosive revenue growth of 126% in fiscal 2025 to $437 million. The stock’s forward P/E currently sits at 50x, which we think is very reasonable as Credo has cemented itself into a strategic position in AI infrastructure, expanding customer base, and ambitious revenue guidance of over $800 million for fiscal 2026, suggesting significant upside potential for investors.