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ALAB
Benzinga
96 days

Jim Cramer: Astera Labs Has 'Tremendous Growth'

1. Jim Cramer praised Astera Labs for strong management and growth potential. 2. Cramer recommended buying ALAB due to favorable P/E comparisons with peers. 3. Morgan Stanley upgraded ALAB from Equal-Weight to Overweight, targeting $99. 4. Astera Labs shares increased by 3.3%, closing at $90.66. 5. Cramer's commentary indicates confidence in ALAB's future performance.

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FAQ

Why Very Bullish?

Cramer's endorsement and Morgan Stanley's upgrade can drive demand.

How important is it?

Positive analyst perspectives and high growth potential enhance ALAB's investment appeal.

Why Short Term?

Analyst upgrades typically influence stock price quickly post-announcement.

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