Tag Archives: gpro

3 IBD 50 Superstars Hold Up Amid Market Sell-Off

Three highly rated IBD 50 stocks made impressive gains Monday despite the market sell-off: Ambarella (AMBA), CyberArk Software (CYBR) and Taser International (TASR). Monday marked a four-session winning streak for Ambarella, which has a highest-possible IBD Composite Rating of 99. The GoPro (GPRO) chip supplier’s shares powered to a new high of 111.88 in quick turnover, gaining as much as 8% intraday before closing the session up 5%. Ambarella has

Ambarella Pops On Profit; Investors Hungry For ‘Wolf’

Ambarella (AMBA) got an upgrade and price target hikes Wednesday after the GoPro (GPRO) video chip supplier reported its fourth straight quarter of earnings and revenue growth acceleration. The “magnitude of upside continues to astound,” Pacific Crest Securities analyst Brad Erickson said in a research report Wednesday, “as Ambarella beat expectations on broad-based strength and guided July-quarter revenue $12 million to $16 million ahead of

GoPro shoots higher on new entry-level action camera

Action camera maker GoPro (GPRO) on Monday expanded its product lineup again, introducing a new entry-level camera with a touchscreen LCD display. GoPro’s new Hero+ LCD camera will be available in the U.S. starting Sunday and cost $299.99. The touchscreen will allow for camera control, shot framing and in-camera playback. Users will also be able to do video trimming on the device to create short clips for easy content sharing without a computer. The Hero+ LCD camera shoots 1080p high-definition video at 60 frames per second and takes 8-megapixel still photos. It has built-in Wi-Fi and Bluetooth wireless connectivity. “Hero+ LCD illustrates that even as we push the limits of life capture with bleeding-edge devices like the Hero 4 Black, we’re also focused on delivering accessible, high-quality capture solutions to anyone wanting to GoPro,” GoPro CEO Nick Woodman said in a statement. GoPro’s current product lineup includes cameras ranging in…