Credo (CRDO) Stock Looks Fairly Priced After A Very Large 3 Year Run

Credo Technology Group Holding has seen its share price climb sharply over the past few years, helped by excitement around AI data center connectivity. That leaves a basic question for investors who care about valuation: Do the cash flows that Credo can realistically produce support the price you see on screen today, or is the recent enthusiasm running ahead of what the business is likely to earn in hard dollars over time? Over the past 3 years the stock has delivered a very large gain of...