Better Buy: Himax Technologies Inc. vs. NVIDIA
Early November should prove interesting for followers of both Himax Technologies (NASDAQ: HIMX) and semiconductor industry darling NVIDIA (NASDAQ: NVDA). Both will announce quarterly earnings on Nov. 9, but investors will be grading them on decidedly different curves.
Himax's numbers will help investors determine if CEO Jordan Wu's promise of a return to growth after a disappointing second quarter will be fulfilled. Smiling NVIDIA shareholders know its story is entirely different than Himax's. The question they'll be looking to answer is whether NVIDIA can maintain the outstanding growth rates that have its share price bumping up against 52-week highs seemingly daily?
Both chipmakers offer tremendous growth potential, but which is the better buy?
Source: Fool.com
NVIDIA Corp. Stock
Currently there is a rather positive sentiment for NVIDIA Corp. with 225 Buy predictions and 6 Sell predictions.
As a result the target price of 218 € shows a slightly positive potential of 11.97% compared to the current price of 194.7 € for NVIDIA Corp..
