Forget Ambarella, Inc.: These 3 Stocks Are Better Buys
Ambarella (NASDAQ: AMBA), maker of image application systems on chips (SoCs) for action cameras, connected cameras, drones, and other gadgets, has underperformed its industry peers over the past year. The stock has dropped about 10% over the past 12 months, compared with a nearly 50% rally in the Philadelphia Semiconductor Index.
That mediocre performance can be attributed to soft sales at its top customer, GoPro, pricing pressure from Chinese competitors, potential competition from Qualcomm (NASDAQ: QCOM), and its premium valuation.
Image source: Ambarella.
Source: Fool.com
Texas Instruments Inc. Stock
€185.94
0.180%
Currently there is a rather positive sentiment for Texas Instruments Inc. with 23 Buy predictions and 9 Sell predictions.
On the other hand, the target price of 183 € is below the current price of 185.94 € for Texas Instruments Inc., so the potential is actually -1.58%.
