Now’s the Best Time in Two Years to Invest in This Stock
By Michael Vodicka
Ambarella (Nasdaq: AMBA) is a leader in HD video chips.
Its customers are some of the biggest players in the drone and mobile HD video markets. That includes industry leader GoPro (Nasdaq: GPRO).
Ambarella recently fell 50% from its all-time high. More importantly, its forward P/E ratio of 24 is a 45% discount from its all-time high in 2015.
Source; Street Authority
http://dailytradealert.com/2016/10/17/n ... his-stock/
