Overall, OVTI has attracted five Buy ratings and five Holds, but still no Sells to be found.

FORBES: OmniVision Calls Popular Ahead of Earnings; How You Can Join the Trend

And the ever-improving camera looks to be an OmniVision Technologies ( OVTI) product.

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OmniVision Technologies Inc. ( OVTI) designs, develops and markets semiconductor image-sensor devices.

FORBES: OmniVision Calls Popular Ahead of Earnings; How You Can Join the Trend

The company has benefitted greatly from the smartphone boom during the past several years, with OVTI camera sensors even appearing in Apple Inc.

FORBES: OmniVision Calls Popular Ahead of Earnings; How You Can Join the Trend

But a leg up for OVTI, as they have kept the iPhone 4S position, which also means that yield problems have gotten much more manageable.

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OmniVision Technologies (OVTI) reported fiscal second quarter earnings late yesterday, with an outlook that may suggest smartphone makers are ordering fewer parts from the company.

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Clearly iPhone5 is some time away, and we think that Apple is likely asking both OVTI and Sony to be ready for the improvements in that.

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Another plus for OVTI bulls is that that stock appears to be rebounding nicely from an oversold condition, with its 14-day RSI bouncing back to a current reading of 37.26.

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While the year-over-year decline could be a concern for many OVTI investors, traders should take heart in the fact that the company has topped the consensus estimate in each of the prior four reporting periods, with an average upside surprise of roughly 19.5%.

FORBES: OmniVision Calls Popular Ahead of Earnings; How You Can Join the Trend