Tag Archives: gpro

Ambarella Bolts Higher As Top Chip Stocks Lead Market

Today’s Screen of the Day is Bolting RS Lines, which takes a look at stocks that are outperforming the general market. IBD’s Relative Strength Line measures a stock’s price performance against that of the S&P 500. One notable tech stock that’s featured on the list has been on a big climb: GoPro (GPRO) chip supplier Ambarella (AMBA). Ambarella shares rose 2% to 81.43 on the stock market Monday to hit a new all-time high. The stock has now gained

5 IBD 50 Tech Stocks With Outstanding Earnings Growth

The IBD 50 is a ranking of leading stocks based on key measures such as earnings and sales growth, profit margins, return on equity and relative price performance during the past 12 months. Here’s a look at five tech-centric IBD 50 stocks with outstanding EPS growth, including Apple (AAPL) supplier Avago Technologies (AVGO): GoPro (GPRO) chip supplier Ambarella (AMBA) , which is currently ranked No. 1 on the IBD 50 list, saw earnings grow 162%

GoPro hints at 360-degree action camera in the works

GoPro (GPRO) might add a 360-degree camera to its lineup of boxy action cameras following its purchase of French company Kolor. San Mateo, Calif.-based GoPro late Tuesday announced an agreement to acquire Kolor, a leader in virtual reality and spherical media technology, for an undisclosed sum. Kolor, based in Savoie, France, develops technology to combine multiple photographs or videos to produce high-resolution panoramic or 360-degree content that can be viewed on mobile devices, the Web or virtual reality systems. On a conference call with analysts, GoPro CEO Nicholas Woodman hinted that a 360-degree GoPro camera is in the works. “We see an incredible opportunity for GoPro to be at the forefront of the virtual reality movement and enabling spherical content for viewing in other use cases,” Woodman said. “Given that GoPro is already the most widely used capture device for capturing life experiences in an immersive…