Credo Technology Group Holding Ltd (NASDAQ:CRDO) closed at $218.64 on October 2, up 48.31% over twelve months. Revenue more than doubled in the most recent quarter. For a company of this size, growth at that rate is unusual enough to deserve explanation. No PEG ratio can be calculated for it at all, which is its own kind of answer. READ ALSO: NVIDIA (NVDA) vs. Broadcom (AVGO): Which AI Chip Stock Has the Stronger Moat?Credo (CRDO) Grew Revenue 114.70%. Why Can Nobody Price It? The Growth Is Real and So Are the Profits: Plenty of companies grow quickly without making money. This is not one of them. Credo generated revenue of $1.59 billion over the past twelve months and converted 25.20% of it into operating profit. Net profit was $538.31 million.
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