Investopedia: Sluggish Today, ON Semiconductor Could Still Surprise

There's a wide, fuzzy line between "early" and "wrong" when it comes to investing. It's all well and good to buy quality undervalued names before the Street catches on, but it can take a lot of patience to see these stories through to their happy ending. Those are all points to consider for investors looking at analog chip company ON Semiconductor (Nasdaq:ONNN). ONNN is a quality broad-based company with diversified end-market exposure and strong leverage potential. But current business trends are not helpful, and while there does appear to be real value here, it may take some time for that value to make it into the stock price.

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http://www.investopedia.com/stock-analysis/2012/Sluggish-Today-ON-Semiconductor-Could-Still-Surprise-ONNN-TXN-LLTC-ADI0910.aspx