nasdaqalgm
ONSemi reported a strong quarter and guided favorably.The company’s refocus is driving business.The technicals are pointing to a continuation if the stock can close at the new highs.5 stocks we like better than onsemiThe ONSemi (NASDAQ:ON) story today begins with a very impressive chart pattern that points to much higher share prices ahead. That pattern is Three White Soldiers and it is appearing on the weekly charts. The Three White Soldiers pattern is made up of 3 consecutive long-white or long-green candles that each close above the previous candle. The pattern is a sign of intense and sust...
ValueWalk
Allegro Microsystems posted real strength in the calendar Q4 results.The company has limited to exposure to the consumer and it shows in results.Share prices are moving higher with the help of analysts.5 stocks we like better than Allegro MicroSystemsAllegro Microsystems (NASDAQ:ALGM) share prices are advancing at a brisk pace on the news the company’s business is better than expected. The company, a semiconductor/integrated circuit manufacturer, provides sensor IC and app-specific analog ICs to the auto OEM and industrial market. Q4 2022 hedge fund letters, conferences and more Find A Qualifi...
ValueWalk
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