In today’s video I watch to growth stocks Himax Technologies (NASDAQ: HIMX), and Nano dimension (NASDAQ: NNDM). The stock prices of each of these companies have fallen 30% to 60% from their 52-week high. Below, I share three reasons to add every stock to your watchlist, but it’s important to note that these stocks are very volatile.

Three Reasons to Add Himax Technologies to Your Watchlist

1. Himax is in the semiconductor industry and focuses on sensors used in innovative technologies such as AR / VR, smartphones, smart home devices and much more.
2. Himax saw 67% year-over-year revenue growth (YOY) and 12% quarter-over-quarter revenue growth for the first quarter of 2021.
3. Himax has exceptional fundamentals over the past 12 months. It is profitable and positive in operating cash flow, and it has more cash and short-term investments than debt.

Three reasons to add Nano Dimension to your watchlist

1. Nano Dimension is a company in the 3D printing market. Its current product is the DragonFly LDM, a 3D printer that focuses on printing electronic circuits.
2. For the first quarter of 2021, Nano Dimension reported approximately $ 1.395 billion in cash and cash equivalents and bank deposits. The company currently has a market capitalization value of $ 1.6 billion. However, it is essential to note that this company is still in its infancy and needs a strong balance sheet.
3. Currently, Nano Dimensions is not generating significant revenue as it is in the early stages of product development. Still, his management team shared his current plans. The three points of interest are sales, product development, and mergers and acquisitions.

Click on the video below for all my thoughts.

* The stock prices used were the closing prices of May 20, 2021. The video was published on May 21, 2021.

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Jose Najarro does not have a position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Jose is a subsidiary of The Motley Fool and may be remunerated for the promotion of its services. If you choose to subscribe through his link, he will earn extra money that supports his channel. His opinions remain his own and are unaffected by The Motley Fool.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.