Better Buy: Ambarella Inc. or Advanced Micro Devices?
Chipmakers Ambarella (NASDAQ: AMBA) and AMD (NASDAQ: AMD) had dramatically diverging fortunes over the past year. Ambarella, which makes image processing chips for a wide range of cameras, shed more than 30% of its market value over the past 12 months. AMD, which sells CPUs and GPUs, rallied over 90%.
Therefore, investors might be wondering if the market is too bearish on Ambarella and too bullish on AMD. Let's take a closer look at both chipmakers to see which stock is the better buy at current prices.
Image source: Ambarella.
Source: Fool.com
Intel Corp. Stock
€28.50
-1.400%
Currently there is a rather positive sentiment for Intel Corp. with 22 Buy predictions and 12 Sell predictions.
As a result the target price of 38 € shows a positive potential of 33.33% compared to the current price of 28.5 € for Intel Corp..
