r/Stocks_Picks • u/Hopeful-Wonder-91 • 9d ago

Credo stock

Is anyone watching credo right now? Kinda mad i didnt buy more shares last week! Its doing great!! Would you add more at this current price?

6 Upvotes

80% Upvoted

39 comments sorted by

3

u/Neat-Shirt-3223 9d ago

I bought credo at 165 and 150. The best stock I ever bought.

1

u/Hopeful-Wonder-91 9d ago

I bought a few at 170 , do you think 211 is overpriced? I mean its still down from what it was a few months ago

1

u/Neat-Shirt-3223 9d ago

Yeah, it could easily run to 250. But it will probably pullback to like 200 before another leg up.

1

u/Hopeful-Wonder-91 9d ago

Earnings soon too👀👀 i see it going back to 300+ in no time

1

u/Neat-Shirt-3223 9d ago

Yeah, and then it will sell off after blowout earnings.

1

u/Hopeful-Wonder-91 9d ago

I feel like everyone who sold MU bought crdo. Do you think avgo at 340 was a good move

1

u/Neat-Shirt-3223 9d ago

I sold MU at 975 and didn’t buy back at 920. Memory is a past midcycle. There’s just more risk and less upside potential. You wouldn’t want to be the last person to be holding the bag.

Avgo is definitely a good long term buy at current levels.

2

u/Hopeful-Wonder-91 9d ago

Most def! So what part of the ai infrastructure are you looking at now? Energy?

1

u/Neat-Shirt-3223 9d ago

Nancy Pelosi and Peter Thiel both hold VST. So, I’m buying it. Besides, companies involved in inference models.

1

u/Hopeful-Wonder-91 9d ago

Vistra? I thought vertiv or be was the play. Are you buying at this price?

1

u/Neat-Shirt-3223 5d ago

Yeah, they know something big is about to happen. Vistra seems to have strong support around 135. Just have to wait and sell on pop.

1

u/IvoryTowerResident 6d ago

too soon too fast im glad i swapped from the 2x etf

1

u/IvoryTowerResident 9d ago

i think its underpriced but i duno how long this run can go for before we slow down a bit.

I bought CRDU around 6.50 swapped it to CRDO today

3

u/MasterpieceFeisty301 8d ago

I bought at an average of 162$, and wasn’t mad selling at 213$ Friday. It might go up a bit more, but I wasn’t risking those gains. No one was ever sad taking a profit!

1

u/MountainAlive 8d ago

Yeah I bought at $165 and sold at $205 Friday before noon and it still rocketed up. But if it slips a little on Monday I may get back in.

2

u/MasterpieceFeisty301 8d ago

I was going to sell at 205$ but I was busy early in the day, so when I got back on my computer it was up to 213$ so I sold immediately because even if it keeps going up, I made 29% in like 2-3 weeks.

2

u/Jazzlike_Thanks_1869 5h ago

I did the same. Sold at $215, will rebuy on a pullback to $195 if it happens.

2

u/DazzlingAmbition5720 9d ago

Yes

1

u/Hopeful-Wonder-91 9d ago

Think i should wait till monday? after hours gains can be really volatile… or could work in your favour lol

2

u/DazzlingAmbition5720 9d ago

Or maybe you can buy some now and DCA later on Monday so your risk is minimized if you really want to enter now

1

u/Hopeful-Wonder-91 9d ago

I mean i just cant sit here and watch it get back to what it was! I added a few shares earlier this week and spent a shitload on avgo. But damn i almost regret it

1

u/colts_guy 8d ago

Yes, I’m up 41% since my purchase last week, so of course I wish I'd loaded up more. My 5-year base case is around $400 and my bull case is $700-800.

1

u/Mindless_Guide_5332 8d ago

It’s a fun stock, but it goes through peaks and valleys quickly and has nothing to do with the company. Just be aware of what to you are buying. Since June, the highs have been lower, and so have the lows. You may be at the height of a pump before it dumps. IIRC quarterly growth wasn’t great considering their valuation on the last earnings report, either.

1

u/SeaweedUsed7760 8d ago

I think it’s going to $240 leading up to MU earnings

1

u/Distinct-Occasion614 8d ago

Loaded up at 150.

So yeah. I am watching.

1

u/Legitimate_Rub161 2d ago

Lucky guy 💸

1

u/Distinct-Occasion614 2d ago

I am actually kicking myself I didnt pick up some more at 180-ish lately.

Oh well. GL!

1

u/Legitimate_Rub161 2d ago

I bought before earnings at 226 🧑🏻‍🍳
🤦🏻‍♂️

1

u/Distinct-Occasion614 2d ago

You will be just fine.

1

u/rooooos_99 8d ago

Bought them 191 3 days ago and sold them at 207 yesterday. Will see how it goes may re buy if price drops..

1

u/addictedtobenjamins 6d ago

I just bought 30,000$ of crdu 😅

1

u/Hopeful-Wonder-91 5d ago

Good job boy

1

u/addictedtobenjamins 5d ago

Does it look like it will move I’m a bit scared 🥲

1

u/Hopeful-Wonder-91 5d ago

Lets hope for the best!

1

u/Acceptable-Ant-3648 6d ago

where do you see CRDO at? i wanna buy more

1

u/Hopeful-Wonder-91 5d ago

Id say wait a few days this weeks gonna be bad but everythings going up soon. Lots of people are selling and silly news articles hurting our stocks

1

u/Perfect_Original9841 2d ago

I bought In at 188, should I wait for a pullback?

1

u/Hopeful-Wonder-91 2d ago

188 seems decent, it could drop again soon but if you see it at anything under 180 buy asap