Investment Thesis
Himax Technologies, Inc. (NASDAQ:HIMX) is undervalued compared to its closest competitors and in the industry on average. The company's shares have a unique opportunity to reach $18-20 soon due to further revenue growth and
Himax Technologies: Ready To Fly
Summary
- The main driver of the growth of financial indicators in the long term will be the automotive sector.
- Himax shares are still underestimated even though it has increased four times since the beginning of the pandemic.
- Himax shares have a unique opportunity to reach $18-20 soon due to further revenue and profitability growth due to upcoming product mix changes.
I work as a financial analyst and specialize in the analysis of telecom and IT companies. In my spare time, I search for undervalued companies on the stock markets. Feel free to contact me if you have any questions or suggestions. I am also open for new opportunities.
Analyst’s Disclosure:I am/we are long HIMX. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.
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