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.