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Better Buy: Ambarella vs. Qualcomm


Chipmakers Ambarella (NASDAQ: AMBA) and Qualcomm (NASDAQ: QCOM) have a lot of common ground between them. Both companies have been troubled this year due to rising competition, though Qualcomm has arguably had it worse because of its feud with Apple over royalties. Not surprisingly, the business of both chipmakers has taken a hit in recent quarters, and this has weighed heavily on their share price.

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QCOM data by YCharts

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Source: Fool.com

Ambarella Inc. Stock

€44.16
2.750%
Ambarella Inc. gained 2.750% today.
Our community is currently high on Ambarella Inc. with 17 Buy predictions and 4 Sell predictions.
As a result the target price of 70 € shows a very positive potential of 58.51% compared to the current price of 44.16 € for Ambarella Inc..
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