Why Himax Technologies, Inc. Could Be a Gold Mine for Growth Investors
A peek at Himax Technologies' (NASDAQ: HIMX) recently announced third-quarter earnings results may raise more questions than answers. With the company's stock up 113% in 2017 and currently bumping up against its 52-week high, it would be logical to assume Himax's comparables must be off the charts. But year over year, Himax's revenue and earnings per share (EPS) don't paint a pretty picture.
So, why is Himax stock riding high? Because Himax investors are looking beyond today, and the view is awfully good. Himax could be a gold mine for growth investors because of the multiple growth opportunities it either has, or soon will have, for customers begging to buy its solutions. Though it is early, all the signs are there that Himax will continue its phenomenal run.
Image source: Getty Images.
Source: Fool.com
Himax Technologies Inc. ADR Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Himax Technologies Inc. ADR stock is not clear.
As a result the target price of 7 € shows a slightly positive potential of 15.7% compared to the current price of 6.05 € for Himax Technologies Inc. ADR.
