CRDO

Instead, this is a stock that has been completely crushed, and that is exactly what happened to Credo Technology, whose stock ticker symbol is CRDO. Following the earnings announcement, the stock fell by more than 20% at one point, even though the underlying business continued to grow at an exceptional rate.

Okay, now we can move on to the third stock, which is a less well-known company in the semiconductor industry. Its market value is less than $50 billion. Much like Broadcom, it announced its profits and the market punished it, and rightly so , wasn't it?

I think that for Broadcom, for example, the reason for penalizing it is logical. I wouldn't be too pessimistic about the stock, but I can understand why the market is punishing it. The same applies to this stock.

but more importantly, Credo was down 20% after the earnings report.

But it's really interesting because you look at the difference between these companies. Credo, which is down almost 21% today, is a supplier of copper and photonics for data centers.

Data center technologies like Credo are slowing down due to margin issues.

CRDO, I don't even know who that is. CRDO CRDO Credo Technologies is down 18% today despite earnings be I literally know nothing about the company. I don't mind looking.

So, Credo Technology Investor relations. So, if I go to the SEC filings, I got an AK. Do they just have earnings? Is that why everybody's freaking out about them or something? Uh annual report was here.

Quarterly filings. Oh, yep. Might be exactly what just happened. Credo. This is an 8K. Yeah. This has Outlook. This has earnings numbers.

How about we have Credo Technology? That one's down. >> Yeah, that one is also down despite an earnings beat here and this is another one where expectations were higher going into its results.

So the bar is high especially about connectivity. This is a part of the picks and shovels story here. So, Credo shares down 11 12% right now. Um, again, investors were just looking for more.

And then there's also the question about uh margins here.

here. Um falling I think about 14% from its close yesterday. Initially it jumped up on earnings, but then the guidance was a little bit weak. Now there are day tradable opportunities here.

So one of the ones I'm looking at here, there's a gap fill at 370 right there. That looks to be intriguing because it also extends out here. So you can see right in here. So this gapped fill where we closed this day and opened the next day up here, that might be a day tradable level.

I'll be looking at a 370 pierce to the downside from possibly a day trade. In terms of a swing trade, no level for me yet. Maybe if it falls straight over the next couple weeks into this ascending trend line, I might be interested just a little bit. But we'll keep an eye on that.

Let's go to stock number two. Crito technology. What is a credo technology? Uh it's one of the highest growth companies in the world right now. To just kind of put some numbers into perspective, it just finished its fiscal 26.

Fiscal 2026 revenue was three times or triple what fiscal 2025 revenue was. In fact, revenue in the fourth quarter of fiscal 2026 was larger than all of fiscal 2025 combined. So, it is growing really fast.