Himax: A Potential Google Glass Winner With Its Leading Technology
(TheStreet) -- Trifecta Stocks Portfolio Manager Bryan Ashenberg highlights Himax Technologies as an interesting play on Google Glass. Himax just reported a modest beat with its fourth-quarter revenue as earnings came in-line with consensus. The company gave inline forward guidance.Himax has been diversifying its dependence on the LCD TV marketplace into smartphones and tablets and has been building a business in TV chipsets, power management chips, CMOS image sensors, touch panel controllers, and liquid crystal on silicon ¿ or LCoS ¿ displays, which are being used in applications including Google Glass. The stock seems to trade mainly around the LCoS technology even though its just a sliver of the company's offerings, though it is certainly the most exciting!
In keeping with TSC's editorial policy, Bryan Ashenberg doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. He appreciates your feedback;
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