HIMX Stock Recent News

The stock market is facing some unique challenges at this point. For starters, the specter of inflation continues to push back the timelines for interest rate cuts that many had anticipated by now.

TAINAN, Taiwan, April 08, 2024 (GLOBE NEWSWIRE) -- Himax Technologies, Inc. (Nasdaq: HIMX) (“Himax” or “Company”), a leading supplier and fabless manufacturer of display drivers and other semiconductor products, today announced that it will hold a conference call with investors and analysts on Thursday, May 9, 2024 at 8:00 a.m. US Eastern Daylight Time and 8:00 p.m. Taiwan Time to discuss the Company's first quarter financial results.

While innovators have flourished this year thanks to artificial intelligence and other advancements, it may seem difficult to find the most undervalued tech stocks to buy in April. After all, the ecosystem has garnered so much attention that many companies command rich premiums.

Himax Technologies is a leading semiconductor design and manufacturing firm specializing in optical and driver components for displays and sensors. Despite a decline in revenue and margins, Himax has maintained strong free cash flow and a healthy 2024 projected dividend yield of 4.2%. The company's shift towards higher-margin products and potential growth in non-display technologies could lead to a recovery and growth in earnings.

When it comes to semiconductor stocks to buy, the mind immediately goes to Nvidia (NASDAQ: NVDA ) or Advanced Micro Devices (NASDAQ: AMD ). At this point, it almost seems like they're printing money.

When the subject of passive income comes around, you're not always thinking about dividend tech stocks. Instead, the ideas usually center around giant consumer goods companies, banks or utility firms – you know, institutions that are hardly exciting but command everyday relevance.

While it's tempting to jump on a company like Nvidia (NASDAQ: NVDA ), at some point, it won't match expectations, which brings us to a discussion about underappreciated tech stocks. They're nowhere near as enticing as NVDA.

Penny stocks representing companies integrating AI into products and services hold particularly interesting upside. Penny Shares are known to move upward rapidly and the emergence of AI  continues to produce rapid gains.

With the ever-rising importance of computer chips, the best semiconductor stocks represent a popular topic. Nevertheless, we typically want a good deal, not just buy something at stratospheric record heights.

In the ever-changing arena of investing, opportunities often arise in unexpected places. While big-name companies like Nvidia grab the headlines with their meteoric rises, a lesser-known but equally promising segment within the semiconductor sector is catching the attention of savvy investors.