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Himax Technologies: A Top Tech Stock to Buy and Hold in 2021  HIMX – Last year, tech stocks were the standout performers. With growth expected to pick up in 2021, most expect tech to outperform. Patrick Ryan makes his case for why HIMX is an exception. Jan 6, 2021 Himax Technologies (HIMX) was trading at a mere $3.25 in January of 2020. Since then, the stock has more than doubled. Understandably, many expect tech stocks to underperform in 2021 given expectations of the economy reopening and faster economic growth. This dynamic c...

This story originally appeared on StockNews The COVID-19 global pandemic has wrought the biggest economic crisis since the Great Depression of 1929. With its onset in March, global economies were forced to shut down and shut in and stock markets quickly collapsed, falling to multi-year lows. The S&P 500 index entered bear territory early in the year, erasing last year’s gains. The broader market index plunged from a high of 3,393 in February to a low of 2,191 on March 23, registering a 35.4% loss in just 33 days. Since plumbing those lows in March, the index has had an impressive rall...