ALLLLRIGHTY Then! Credo Tech's Stock is Talking to Me! (And It's Saying 'To the Moon!')

My Nose Knows... HUGE Potential!

Greetings fellow animal lovers and stock market mavens! Ace Ventura here Pet Detective AND now apparently a financial analyst! Who knew? Anyway this Credo Technology or CRDO as the cool kids call it it went public in 2022 for a measly $1.5 billion. Fast forward to today and BOOM! $13 billion market cap! That's what I call growth baby! Like a rhino giving birth... it's BIG. According to some dude named Todd Gordon they are adding it to their “Active Opps” portfolio. Hoo ah!

High Speed What Now?

Alrighty so apparently CRDO is all about making data centers talk to each other REALLY fast. I'm talking cheetah on a skateboard fast! They build the hardware and software that makes it all happen. Think of it like this: your brain (the processors) needs to chat with your limbs (other processors) without any lag. CRDO is the neurological superhighway! Without it you might end up like me trying to parallel park... a DISASTER!

Amazon and Microsoft? Holy Testicle Tuesday!

Word on the street (or in this case the tech savvy jungle) is that big shots like Amazon and Microsoft are using CRDO's tech. The company is being all secretive about it! It's like trying to get Snowflake to confess where he hides his chew toys! Few clients = risky business But more data centers being built = cha ching! Revenue has been climbing like a monkey on a coconut tree! Numbers are up 81.4% +72.99% +4.76% and 126.34%! Whoa mama!

Technicals? More Like Tech NIFICAL!

So Mr. Gordon tells me that the stock chart is looking like it's about to break out and that it should test the first Fibonacci extension whatever that is at $116.35. Earnings per share (non GAAP whatever THAT is) are expected to be 89 cents in 2026. Look the numbers are high like me after a triple espresso. There is institutional accumulation creating support above the $60 area but if they stumble it's gonna hurt. Like when I tried to ride that dolphin... OUCH!

Targets Breakouts and All That Jazz!

Near term breakout at around $83 is what I'm hearing which then sets up a test of those all time highs around $86.70. Immediate upside target is $101.61 (time to book some profits!). Keep some for the move up to that weekly $116.35 target. Basically this thing is going up up up! It will be a beautiful sight to behold. It will be like watching a majestic eagle soar through the sky... or a pigeon fight over a discarded pretzel.

Risk and Reward: A Pet Detective's Perspective

Of course there's always risk. If it drops below $70 it's time to bail partially at least. Gotta manage that risk folks! It is a 5% allocation in CRDO for Gordon's portfolio. Remember folks don't go betting your life savings on this or anything else! I am Ace Ventura not a financial advisor! Just a pet detective with a nose for... stock potential! Now if you'll excuse me I have a missing poodle to find. Hasta la vista... aligators!