In today’s post:
📉 115% Growth. Stock Down 40%
📉 115% Growth. Stock Down 40%
Credo $CRDO ( ▼ 20.04% ) just grew revenue 115% year over year.
The stock is down roughly 40% from $309.
Only one of those looks like good news, and the market picked the wrong one. Nothing in the fundamentals broke here. The multiple just got reset, and that reset has dragged the stock into a zone actually worth buying.
But is Credo still the company it was at $309, or did something crack?
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