Considering its stock’s performance in 2017 (up 68%), declining revenue year over year, and major expenditures, Himax Technologies (NASDAQ: HIMX) may seem an unlikely candidate to get greedy with right now. But that’s a near-term perspective.
For investors with an eye toward the future, Himax hits all the right buttons. Like most pure growth stocks, its share price will fluctuate more than most on a month-to-month basis, just as it has the past year. Though Himax is bumping up against its 52-week high of $11.97 now, it has traded as low as $4.88 a share this year.