Why Himax Technologies, Inc. Shareholders Have Something to Worry About
Himax Technologies (NASDAQ: HIMX), a Taiwanese maker of display driver ICs and timing controllers, has been a volatile investment over the past 12 months. The stock hit nearly $11 last September, plunged to $5 in February, then rebounded to about $8.
That's because investors seem divided over Himax's long-term prospects. The bulls believe that its sales of components for 3D-sensing devices, augmented reality (AR) headsets, Internet of Things (IoT) gadgets, and other next-gen markets will offset its weaker growth in display driver ICs. The bears believe that thesis is too speculative and that its core business remains weak.
I personally believe that the bears could be right about Himax's future, for four simple reasons.
Source: Fool.com
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