Is OmniVision a buy?

Omnivision was down today on poor earnings. Does a cheaper price tag make it a smart investment?

By Motley Fool Investor Beat Dec 4, 2013 5:26PM
Shares of OmniVision (OVTI) closed down nearly 3% Wednesday after the company announced earnings.

The numbers came in above analyst expectations, but according to Tech and Telecom Bureau Chief Evan Niu, the real kicker was the lowered expectations. Part of the reason for the lower expectations is the slower smartphone market, as 60% of Omnivision’s sales come from the mobile phone market.
Between slower sales and heavy competition from Sony and Samsung, Evan thinks that Omnivision will have a lot of trouble going forward, and doesn’t think it’s a good investment right now.Businessman in car with smartphone © Image Source, Image Source, Getty Images

The Motley Fool's 12 top stocks for 2013 are now available! So if you're tired of picking stocks out of a hat and hoping that one skyrockets, check out Stocks 2013: The Investor's Guide to the Year Ahead.

It's The Motley Fool's current top report, and includes Chief Investment Officer Andy Cross's top stock for 2013! This under-the-radar company is the secret winner in the war for the last precious drops of oil on the planet.

Find out what it is and how you can take advantage of this unseen company's huge profits in this special, free report, just click here now.


Tags: OVTI
0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

123
123 rated 1
266
266 rated 2
485
485 rated 3
660
660 rated 4
586
586 rated 5
652
652 rated 6
640
640 rated 7
504
504 rated 8
289
289 rated 9
159
159 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
TAT&T Inc9
VZVERIZON COMMUNICATIONS8
CTLCENTURYLINK Inc8
EXCEXELON CORPORATION8
AAPLAPPLE Inc10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.