Don't let it get away!
Keep track of the stocks that matter to you.
Help yourself with the Fool's FREE and easy new watchlist service today.
Although we don't believe in timing the market or panicking over market movements, we do like to keep an eye on big changes -- just in case they're material to our investing thesis.
What: Camera chip designer OmniVision Technologies (Nasdaq: OVTI ) is soaring today, with shares up more than 10.5% in heavy trading on heavy volume.
So what: OmniVision blew estimates right out of the water in last night's second-quarter report. Leadership in the suddenly red-hot back side illumination sensor technology has made OmniVision chips a must-have feature in everything from laptops to smartphones, and the success is showing in the company's sales and profits.
Now what: This company took a huge risk in pushing forward with BSI technology when Sony (NYSE: SNE ) , Panasonic (NYSE: PC ) , and everyone else had walked away from an expensive manufacturing method. It's paying off in spades now, and OmniVision is left defending a large moat with unmatched manufacturing expertise and experience. New camera technologies are always on the horizon, but this looks like OmniVision's time to dance alone in the spotlight.
Interested in more info on OmniVision? Add it to your watchlist.