Credo Technology Stock Is Soaring. Is This a Top AI Play for 2026?

Credo Technology (NASDAQ: CRDO), a provider of high-speed connectivity solutions for data centers, has generated massive gains since its initial public offering (IPO). It went public at $10 per share on Jan. 26, 2022, opened at $12.10 on the first day, but now trades at about $177.The stock skyrocketed as it dazzled the bulls with its explosive growth and direct exposure to the booming artificial intelligence (AI) market. But it usually isn't mentioned in the same breath as other top AI stocks like Nvidia and Palantir Technologies.So can Credo, which already rallied more than 150% over the past 12 months, maintain its momentum in 2026 as the AI market expands? Let's review its business model and near-term catalysts to find out.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool