Mid-cap

Intapp builds specialized cloud software for law, accounting, consulting, and private capital firms. Recurring revenue, rising free cash flow, and industry-focused AI tools make it an interesting software platform, even as profitability still needs to catch up.

Himax designs chips for displays, imaging, and optical devices, with growing exposure to automotive screens, AR/VR components, and low-power AI sensing. The company’s niche technologies are promising, but the key issue is whether they can reshape a still-cyclical earnings base.

Genpact helps large enterprises run finance, supply chain, analytics, and digital operations more efficiently. The company pairs steady cash generation and solid margins with rising AI and automation exposure, while its valuation remains notably restrained.