$2.88
0.02 (+0.70%)
Himax Technologies, Inc. (HIMX)
CAPS Rating:
The Company designs, develops and markets semiconductors that are critical components of flat panel displays.
The Company designs, develops and markets semiconductors that are critical components of flat panel displays.
Recs
There is a disconnect between the company's fundamentals and it's stock chart. The company provides critical imputs for a product that has shown consistent growth in demand over time (flat panel displays). Thus, it should only be a matter of time before demand for flat panel displays increase, and HIMX's stock price should move to bridge the gap between the company's fundamentals and it's stock chart. This is a long-term value play, and may require a good deal of patience (perhaps longer than a year and most certainly longer than 6 months).
Disclosure: long.