📈 Interesting company specializing in semiconductor solutions!
ON Semiconductor $ON+1.4% is a global leader in smart technologies for the automotive and industrial sectors. The company focuses on developing advanced semiconductor solutions that play a key role in electromobility, factory automation and renewable energy.
This company has strong growth potential, and here are three reasons why this company may be of interest:
Long-term growth through innovation
ON Semi focuses on two key sectors : automotive and industrial. sector. Its technologies can be found in electric vehicles (EVs) and hybrids, where they help reduce weight, increase range and accelerate charging. Similarly, its advanced sensing technologies are being applied in smart factories, a field that has huge growth potential. 🚗⚙️
A temporary slowdown, but a bright future
The current slowdown in the automotive and industrial sectors is primarily the result of high interest rates, which are holding back investment in electric vehicles and automation. However, once rates start to fall, these markets are expected to recover. The company's recent partnership ON Semiconductor with Volkswagen is a great example of car companies investing in the future of electric vehicles. It remains to be seen whether Volkswagen and other European car companies can recover and grow again! 📉🔜🚀
Attractive awards
Although sales in the year 2024 will decline, the market has already largely factored this into the valuation. If you believe in the future of electric vehicles, automation and renewable energy, it may ON Semiconductor represents a great opportunity. 📊
What is your current opinion of ON Semi? Do you think the price will look even lower due to the current problems in the automotive industry?
Looks like an interesting opportunity. If the stock were to drop further, I might buy a few shares. Thanks to EV, this company could grow nicely now.
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The company looks interesting. I'll see if I can buy a couple of pieces for a longer hold
$ON+1.4% is a great company for me. We even did a team analysis on it, this spring I think. The current price could be used for a nice buy and hold in the long run.