Monday, June 3, 2013

Investopedia: OmniVision Showing Much-Needed Signs Of Improvement

The “up again, down again” story at OmniVision Technologies (Nasdaq:OVTI) rolls on, with the latest installment showing a sharp upward turn as the company's revenue and margins continue to show meaningful improvement. While OmniVision remains one of the market share leaders in the CMOS image sensor industry, that leadership has never meant stability or predictability and it probably never will. That makes this a tricky stock to recommend at almost any level – although these shares too look cheap, and may well ride the momentum of this positive quarter for a while, it's hard to believe that the market will ever fully reward the potential of this company.

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