This Hypergrowth Stock Just Became a Screaming Buy
Shares of Himax Technologies (NASDAQ: HIMX) plummeted more than 10% after the release of its fourth-quarter 2021 results on Feb. 17 as investors took note of potential headwinds that could hurt the company's growth in 2022.
Though Himax outpaced Wall Street's fourth-quarter expectations with tremendous growth in revenue and earnings, management warned that supply chain challenges could play spoilsport. Investors went into panic mode and hit the sell button, but this could be a great opportunity for those looking to add a hypergrowth company to their portfolios.
Let's look at Himax's latest quarterly numbers and check why the stock looks like a solid bet.
Source Fool.com
