ON Semiconductor: Stabilizing Margins And A Reasonable Entry Point (Upgrade)

Core Viewpoint - ON Semiconductor Corporation has been rated as a Hold due to decent valuation but lacks clear growth drivers [1] Group 1: Analyst Background - The analyst has 10 years of experience in investment banking and specializes in industry and company research [1] - The analyst is a full-time portfolio manager of a technology fund with 5 years of experience and has a background in Mechanical Engineering [1] - The analyst is licensed by the Brazilian Securities Commission as both a portfolio manager and an investment consultant [1] Group 2: Investment Philosophy - The investment approach emphasizes growth at a reasonable price with a mid- to long-term investment horizon [1] - The analyst prefers investing in companies within oligopolistic sectors that have high barriers to entry [1] - Smaller companies are generally avoided due to perceived risks being underestimated [1]