Better Buy: Himax Technologies vs. Finisar
Himax Technologies (NASDAQ: HIMX) and Finisar (NASDAQ: FNSR) have enjoyed a similar catalyst this year in the form of investor excitement about a potential design win at Apple. Both companies have been in the running to power the Face ID feature in the iPhone X.
However, Finisar has apparently failed to make the most of the iPhone opportunity as its laser technology reportedly couldn't meet Apple's requirements in time for the production ramp, according to Bloomberg. Himax, on the other hand, has been reportedly tapped by Apple to boost the production of lenses required for the Face ID feature in the iPhone X. The iPhone X just recently started shipping to customers.
Himax and Finisar have had wildly divergent stock paths this year.
Source: Fool.com
Himax Technologies Inc. ADR Stock
With 0 Sell predictions and 1 Buy predictions the community sentiment towards the Himax Technologies Inc. ADR stock is not clear.
As a result the target price of 7 € shows a slightly positive potential of 6.06% compared to the current price of 6.6 € for Himax Technologies Inc. ADR.
