On Holdings: Correction Is Over, the Sprint to Highs Is On

ON Semiconductor TodayONON Semiconductor$51.21 +1.20 (+2.40%) 52-Week Range$31.04▼$78.61P/E Ratio47.86Price Target$56.84Add to WatchlistOn Holdings' NYSE: ONON Q2 results and guidance update catalyze this market, affirming and improving the growth trajectory. The company is capitalizing on its technology, brand strength, and Nike’s fall from grace to drive and sustain a hyper-growth pace while cementing itself in the investment and consumer landscape. The takeaway for investors is that the stock price, whi ...