GoPro (GPRO) and its big chip supplier Ambarella (AMBA) were boosted in the stock market today by two bullish analyst reports. Barclays upgraded the action camera maker to overweight from equal weight. The analyst noted GoPro’s execution with the Hero 4 and the Session camera as well as new developments with 360 degree video, drones and better software. Barclays also raised the stock’s price target to 65 from 50. GoPro is currently trading around
The computer-generated weekly IBD 50 list of top performing stocks such as Ambarella (AMBA) and Blackhawk Network (HAWK) gives investors a premier tool to spot stock watch-list candidates. The list is sorted by recent profit-growth records, with the strongest performers at the top. Today’s list features four companies that are projected to report a surge in profits when they announce quarterly earnings. The top 4 IBD 50 stocks by estimated
With quarterly earnings queuing up to be announced and the stock market under pressure, it’s a good time to look over top-rated companies such as Palo Alto Networks (PANW) and Ambarella (AMBA) that are expected to show strong profit growth. Today’s Screen Of The Day is Young Guns, top-rated companies that have gone public in the last 15 years. A second sort culls the five companies on the list that are estimated to have had the biggest earnings