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This Unstoppable Growth Stock Could Head Higher After 120% Gains


Ambarella (NASDAQ: AMBA) stock has become unstoppable in the past year thanks to terrific demand for the company's chips that power cameras in the security and automotive markets.

Ambarella's stock price has shot up more than 120% in just a year, crushing the broader market's gains, and it won't be surprising to see its hot rally get another shot in the arm when it releases its fiscal 2022 Q3 earnings report after the market closes on Tuesday, Nov. 30. Let's see why that may be the case.

AMBA Chart

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Source Fool.com

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