Top Tech Stocks – Himax Technologies (HIMX)
HIMX Return: 450%
Himax Technologies (HIMX) is a fabless semiconductor operator with a focus on image processing, such as for TVs, laptops, tablets and navigation systems. The technology has over 2,000 patents and the business is headquartered in Taiwan.
However, for some time, it was not enough to make HIMX much of an interesting player among tech stocks.
But this changed in a big way in 2013. You see, back in July Google (GOOG) bought a 6.3% stake in the company’s display subsidiary. The reason: the technology is a key part of Google Glass. If things go according to plan, Google has the right buy up to 14.8% of HIMX stock within the next year. Yes, such a deal was enough to make Himax stock one of the hottest tech stocks for the coming year as well.
More good news: Even with the run-up in the stock, HIMX stock has a decent dividend yield.