Better Buy: Himax Technologies vs. Qualcomm

Chipmakers Himax (NASDAQ: HIMX) and Qualcomm (NASDAQ: QCOM) both experienced big price swings this year. Himax shares surged more than 70% on optimism about its growth potential in the augmented and virtual reality markets, but Qualcomm fell 20% on a seemingly endless streak of regulatory challenges.

I compared these two companies back in March, and believed that Qualcomm's lower valuation and higher dividend made it a better play than Himax. Since that conclusion was clearly wrong, I'm taking a fresh look at both companies to see if Himax is actually a better buy than Qualcomm at current prices.

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Source: Fool.com