OVTI has strong connections with China and emerging markets. Tablets and smartphones in those markets will be driving the revenue for the company FY14
No longer just a camera chip company. People who invested in INVN don't regret at all. Both companies exceling with their industry-leading products.
Many investors are optimistic
Because today was a good day for many other stocks, so the money took a detour. OVTI target price raised again and many opinions indicate 20 isn't unreasonable.
PureCel product line fast gaining traction. All going well for OVTI
Guidance $37-39m in revenue and 5-6.5m profit. One analyst's price target $34.
Going forward in the very near future $35 is a very reasonable reality. AMBA is to hd video as SYNA is to touchscreens. Went from 30 to 60 and never looked back. Experts in their field is what they share in common.
The A7LW wearable camera platform will spawn applications limited only by imagination. Google Helpouts and Hangouts uses are only the beginning !
Tightly focused on what they do best helps keep costs low. Profit margin of 15.93% and zero debt is rather admirable compared to other companies of the same level out there.
When it was at $19, someone said "... it's easily a $35 stock ..." Many were skeptical at the time.
Ambarella's wearable cameras with Google Helpouts will enable instructors to see live video from the trainee's perspective, supporting interactive teaching of sports, fitness, art, cooking, engineering or any other hands-on activity. The camera can record full HD video while simultaneously streaming live video wirelessly.