nasdaqon
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
Every market cycle has them. A new group of “super stocks” that go from unknowns to household names within a few years. These are the sorts of investments that change people’s lives. They can rescue portfolios from the depths of a bear market. Q3 2022 hedge fund letters, conferences and more In this essay, I’ll show you a new group of super stocks that’s emerging right now. They’re from a sector you’ll probably recognize... but it’s unlikely you’ve heard the names of these under-the-radar stocks. And if you’re wondering why I’m looking for stocks to buy in today’s ongoing bear market... It’s b...
ValueWalk
Onsemi Tries To Bottom After Strong Q1 ResultsThe correction in tech stocks may not be over, the headwinds within the economy may still be present, but onsemi’s (NASDAQ:ON) Q1 results prove that business is still strong in the chip sector. Specifically, onsemi’s results prove the company’s refocusing efforts are paying off and that is seen in the segment data. The company calls out the auto and industrial markets as drivers of the growth but all three operating segments are up double-digits and underpinning the company’s success. Q1 2022 hedge fund letters, conferences and more “Our focused st...
ValueWalk
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