In right this moment’s video I look on the progress shares Himax Applied sciences (NASDAQ:HIMX), and Nano Dimension (NASDAQ:NNDM). The inventory costs for every of those firms has dropped between 30% and 60% from its 52-week excessive. Beneath I share three causes so as to add every inventory to your watchlist, however it is very important be aware these shares are very risky.
Three causes so as to add Himax Applied sciences to your watchlist
- Himax is within the semiconductor trade and focuses on sensors utilized in modern applied sciences like AR/VR, smartphones, sensible dwelling home equipment, and far more.
- Himax reported 67% year-over-year (YOY) income progress and 12% quarter-over-quarter income progress for the primary quarter of 2021.
- Himax has distinctive fundamentals in its trailing 12 months. It’s worthwhile and optimistic in money movement from operations, and it has extra cash and short-term investments than debt.
Three causes so as to add Nano Dimension to your watchlist
- Nano Dimension is an organization within the 3D printing market. Its present product is the DragonFly LDM, a 3D printer that focuses on printing digital circuitry.
- For the primary quarter of 2021, Nano Dimension reported roughly $1.395 billion in money and money equivalents and financial institution deposits. The corporate presently has a market capitalization worth of $1.6 billion. Nevertheless, it’s important to notice that this firm remains to be in its early phases and wishes a powerful stability sheet.
- At the moment, Nano Dimensions doesn’t have significant income, as it’s within the early phases of product improvement. Nonetheless, its administration group has shared its present plans. The three factors of focus are gross sales, product improvement, and mergers and acquisitions.
Click on the video under for my full ideas.
*Inventory costs used have been the closing costs of Might 20, 2021. The video was printed on Might 21, 2021.
This text represents the opinion of the author, who might disagree with the “official” advice place of a Motley Idiot premium advisory service. We’re motley! Questioning an investing thesis — even certainly one of our personal — helps us all suppose critically about investing and make choices that assist us change into smarter, happier, and richer.