Here's Why This Top Growth Stock Can Triple Once Again

Ambarella (NASDAQ: AMBA) stock has set the market on fire as its business has taken off thanks to the growing demand for security and automotive cameras. Shares of the company, whose computer vision chips power such cameras, have nearly tripled over the past year, with its latest fiscal 2022 second-quarter results (released on Aug. 31) playing a big role in that spike.

AMBA data by YCharts

Continue reading


Source Fool.com