5 Best Small-Cap Stocks To Buy Now

2. Ambarella, Inc. (NASDAQ:AMBA)

Number of Hedge Fund Holders: 27

Ambarella, Inc. (NASDAQ:AMBA) is a California-based company that provides semiconductor solutions which support high-definition and ultra HD compression, image processing, and deep neural network processing worldwide. On October 11, Needham analyst N. Quinn Bolton maintained a Buy recommendation on Ambarella, Inc. (NASDAQ:AMBA) but lowered the price target on the shares to $90 from $110 as part of a broader research note on Semiconductors & Semiconductor Equipment. 

According to the second quarter database of Insider Monkey, 27 hedge funds were bullish on Ambarella, Inc. (NASDAQ:AMBA), compared to 32 funds in the preceding quarter. Steve Cohen’s Point72 Asset Management is the biggest stakeholder of the company, with 655,043 shares worth approximately $43 million. Ambarella, Inc. (NASDAQ:AMBA) is one of the best small-cap stocks to buy according to smart investors. 

Here is what Carillon Tower Advisers specifically said about Ambarella, Inc. (NASDAQ:AMBA) in its Q2 2022 investor letter:

“Ambarella, Inc. (NASDAQ:AMBA) is a leading supplier of video processing and computer vision chips used in the security and automotive markets. The company continues to face supply headwinds as well as some disruptions among its customers in China related to COVID lockdowns.”