Semiconductor AMBA had a pocket pivot yesterday but during a weak market environment. Today's market is looking better, thus today's pullback in AMBA is constructive as it is on lighter volume. So given the overall tone of the today's market, AMBA is actionable. Earnings and sales are accelerating, pretax margin 23.1%, group rank 8.
PPR - AMBA 1/8/15
|Published:||8 Jan 2015 17:04 ET|
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