Real Madrid re-signed striker Alvaro Morata last week, leaving Juventus seeking a replacement for the Spaniard.
Italian World Cup winner Camoranesi thinks that Juve and Alexis Sanchez would be an ideal fit for each other.
"He knows the Italian football,” the former Italy international told Goal.
“He has the speed to cause problems for opposition defences, he will be joining a team with a winning mentality and I think it can be a great opportunity for him and Juve could get more out of him.
“Alexis is a different player. You have already [Mario] Mandzukic and [Paulo] Dybala, and with Alexis they can make a stronger attack.”
However, the former Juventus star was unsure as to whether a return to Real Madrid would benefit Morata and highlighted that Morata did not previously have continuity at Real Madrid.