ON Semiconductor Corporation (NASDAQ:ON) is one of the best Semiconductor Stocks to Buy Heading into 2026. On November 24, Morgan Stanley analyst Joseph Moore lifted the price target on the company’s stock to $56 from $55, while keeping an “Equal Weight” rating, as reported by The Fly. Morgan Stanley Lifts PT on ON Semiconductor (ON) Stock The analyst noted the company’s recent 8-K filing in which management approved recognition of additional pre-tax non-cash impairment and accelerated depreciation charg ...

Core Insights - FSLR presents a lower valuation (P/OpInc) compared to ON Semiconductor, yet shows superior revenue and operating income growth, suggesting FSLR may be a more attractive investment option than ON [2] - The Trefis High Quality Portfolio aims to minimize stock-specific risk while providing growth potential, having consistently outperformed the S&P and achieved over 91% returns since its inception [4][6] Key Metrics Comparison - ON Semiconductor specializes in intelligent sensing and power solutions for automotive electrification, rapid-charging systems, and sustainable energy solutions across various applications [3] - A year-over-year analysis of ON Semiconductor's metrics may indicate whether the current stock price discrepancy is temporary or if ongoing underperformance suggests overvaluation [5][6] Investment Strategy - The Trefis High Quality Portfolio transforms stock-picking unpredictability into consistent market-beating results, providing a diversified strategy that may be more beneficial than investing in a single stock [2][4]