ON Semiconductor: Fair Value, Unclear Trajectory

Group 1 - The last analysis on ON Semiconductor raised concerns about the company's outlook, particularly due to management's lack of confidence in a recovery of end markets for 2025 [1] Group 2 - The analyst has a background in Mechanical Engineering and has transitioned from the oil and gas sector to focus on global equities, particularly in the semiconductor industry [2] - The investment approach emphasizes growth at a reasonable price, with a mid- to long-term investment horizon [2] - The analyst aims to provide small investors with valuable investment ideas in sectors with high barriers to entry, avoiding smaller companies due to perceived risks [2]