Matthew Frankel

OmniVision: Over 50% Upside In A Year With Very Little Room To Fall

OmniVision Technologies (NASDAQ:OVTI) is one of the most interesting companies that produce parts for the ever-expanding smartphone and tablet sector. However, after a great quarterly report in May, which produced a jump of about 30%, the stock has slowly slid back toward its old levels. After peaking at just over $20 in June, shares have shed about 18% of their value, and I believe that this creates a very nice opportunity, especially with one of the company's biggest customers getting ready to produce a brand new, highly anticipated product cycle.

What does OmniVision do?

OmniVision is a manufacturer of image sensing chips that are used in cameras for smartphones, tablets, laptops, etc. The company uses the complementary metal...

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