ON Semiconductor: A Bargain Despite Outsized Rally - Reiterate Buy Upon Correction

Core Viewpoint - ON Semiconductor Corporation is experiencing a recovery in its performance metrics since the low point in FQ1'25, leading to a reiteration of a Buy rating due to strong growth prospects [1] Group 1: Company Performance - The company has shown ongoing recovery in its performance metrics since the trough in FQ1'25 [1] - Robust growth prospects are anticipated for ON Semiconductor, contributing to positive investor sentiment [1] Group 2: Analyst Insights - The analysis aims to provide unique insights and knowledge to investors, contrasting with other portfolios [1]