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Strength Seen in Ambarella (AMBA): Stock Gains 5.5% - Tale of the Tape

Ambarella, Inc. ( AMBA ) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has gained over 35% in the past one-month time frame.

This developer of semiconductor processing solutions for video services has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn't been in trend either. Yesterday's rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Ambarella currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Stocks worth considering in the specialized semiconductor industry are Pericom Semiconductor Corp. ( PSEM ), NVE Corp. ( NVEC ) and Silicon Motion Technology Corp. ( SIMO ). All the three stocks sport a similar Zacks Rank #1.

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AMBARELLA INC (AMBA): Free Stock Analysis Report

PERICOM SEMICON (PSEM): Free Stock Analysis Report

NVE CORP (NVEC): Get Free Report

SILICON MOTION (SIMO): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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