“3 AI Stocks to Buy Regardless of What the Fed Does!”
Credo is a strong buy due to expansion into optics/memory and low valuation (forward PE 22), though subject to AI capex slowdown risk.
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.