Credo 因向光学/内存领域扩张且估值偏低（远期市盈率 22），被视为强力买入标的，但面临 AI 资本开支放缓的风险。

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.

Now I was just looking at their forward PE ratio. Uh and this is the next 12 months. Quo right now is trading at a forward PE of roughly 22 for this fiscal year which they just started.

They just reported their fiscal their their quarter 4 of fiscal year 2026. So now they're in quarter one of fiscal year 2027. They expect for this year um to be about 85% year-over-year growth.

And what gets me more excited about this is many see this as just a company that provides copper cables to help servers communicate with other servers or other solutions. But the big thing is in the upcoming 12 to 24 months, this company is also expanding into various optics solutions.

They're also producing certain solutions for the memory space and a lot of that revenue is expected to come out in fiscal year of 2028.

So for me, Creole Technologies is one of those that what many people like to say it has many call options. It's sure right now we're focusing on the networking space. We know that the copper cable is still going to be important.

We hear it from all the leaders that it's not copper or optics, it's copper and optics. There's going to be an opportunity for both. But yet Credo is one that's focusing on their copper solutions.

They're working on optical solutions for both cables for both um scale up scale out solutions and like I mentioned some of these other places. So that gets me pretty excited and I think the market is underestimating especially with that forward PE ratio of 22 uh of 22 the growth opportunity.

The final thing before I send it over to you Neo is this is a company that has no debt in its name right now. It's uh it's pretty much a company with 33 billion in $30 billion in market cap.

They about have about $700 million in cash, no debt, and various growth opportunities. They're working with, I believe, all at least five of these major hyperscalers, which are probably the top five names.

Uh and they do have great partnerships with companies like Amazon.

Uh so credo technology my first play just like any other of those semiconductor or AI infrastructure company Neo is if there is a slowdown in AI infrastructure this is one that can definitely take a hit.

So that's I would say the biggest risk and that customer concentration that I was mentioning a bit earlier.

Yeah. No I mean it's all the buildout is one of the main reasons why we're seeing this name grow at a tremendous pace why we are seeing this company become more and more profitable.

So yes, if there is going to be a slowdown in this whole AI space, it's a name that could get hit. Although fundamentally, maybe not by much because the demand right now is so big, right?

Building out these data centers, they don't pop up each and every day. So just because a company says that maybe capex is not going to increase as much as before doesn't mean that Credo's business is going down.

Now, Nebus is a company of co and by the way, Credo Credo right now is experiencing a draw down of around 40%. So, a dip has definitely happened right now and as you said low 20 times forward earnings is is getting quite attractive at these levels.