Investing Experts Micron, Credo, Lumentum: 3 AI strong buys
Apr 7, 2026
Steve Kress, Head of Quant at Seeking Alpha and manager of AlphaPix/ProQuant, shares his data-driven take on tech investing. He spotlights Micron, Lumentum, and Credo as AI-focused buys. Conversation covers market volatility, buying the dip, quant screening rules, valuation contrasts like Nvidia, and practical portfolio tactics in uncertain markets.
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Micron Combines Massive Growth With Dirt Cheap Valuation
- Micron is a top semiconductor pick with huge EPS growth and low valuation.
- Kress cites year-over EPS growth 412%, forward EPS CAGR ~324%, and a PE around 6.5x versus sector ~15%.
Diversified AI Exposure Through Networking And Niche Chips
- Lumentum and Credo offer diversified AI exposure beyond chips: Lumentum in communications for cloud/data centers, Credo as a smaller high-beta connectivity chip player.
- Kress highlights Lumentum's role in networking supply chains and Credo's forward EPS growth ~274%.
Use Factor Grades To Ignore Market Noise
- Use factor grades (growth, valuation, profitability) to screen and avoid emotion-driven selling; buy when fundamentals still score highly.
- Kress recommends checking A/B grades and warns not to follow headlines or pundits.