|Day's Range||0.7500 - 0.7500|
The major indexes climbed higher again on Friday, and even though many media outlets paid close attention to the S&P 500 having climbed 20% from its bear market lows, the Nasdaq Composite (NASDAQINDEX: ^IXIC) had already recovered much more of its lost ground since last October. Friday morning's gains of about 1% for the Nasdaq showed continuing optimism about the stock market's resilience even in the face of macroeconomic challenges. Indeed, the mood was so good that some Nasdaq equities hit all-time highs.
Holding on to popular or trending stocks for the long-term can make your portfolio a winner.
Because the stock for all three of these companies trades at more than 20 times current earnings, shares of ON Semiconductor (NASDAQ: ON), Cognex (NASDAQ: CGNX), and Teledyne Technologies (NYSE: TDY) wouldn't be considered cheap by the usual metrics. ON Semiconductor, commonly known as Onsemi, is working toward a future focused on automotive and industrial end markets. It's no secret that automotive companies are investing heavily in electric vehicles (EVs), advanced driver assistance systems (ADAS), and autonomous driving technology.
ON Semiconductor (NASDAQ:ON) has had a great run on the share market with its stock up by a significant 12% over the...
ON Semiconductor Corp. (ON) shares climbed 41% YTD.
REGENSBURG, Germany & SCOTTSDALE, Ariz., May 31, 2023--Vitesco Technologies (FSE: VTSC) and onsemi (Nasdaq: ON) today announced a 10-year long-term supply agreement worth $1.9 billion for silicon carbide (SiC) products to enable Vitesco Technologies’ ramp in electrification technologies. Vitesco Technologies, a leading international manufacturer of modern drive technologies and electrification solutions, is providing an investment of $250 million to onsemi for new equipment for SiC boule growth,
ON Semiconductor Corp. (ON) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
The Czech Industry Ministry will propose investment incentives worth 546 million crowns ($25.70 million), or around a fifth of eligible costs, for U.S.-listed group ON Semiconductor (Onsemi) to help it expand an existing facility in the country, the ministry said on Friday. "Onsemi's investment is an important step towards strengthening the Czech chip industry, which is fundamental for future development in energy and electromobility," Czech Industry Minister Jozef Sikela. ON Semiconductor has a production site in the east of the Czech Republic.
Investing in certain stocks can pay off in the long run, especially if you hold on for a decade or more.
ON Semiconductor Corp is considering investing $2 billion in boosting production of silicon carbide chips that are widely used to help extend the range of electric vehicles, company executives said on Tuesday. Company executives said during an analyst presentation the company is considering the expansion in either the U.S., the Czech Republic or Korea. ON Semiconductor is a longtime supplier to the automotive industry, supplying both chips that go into drive trains of electric cars as well as a broad swath of other chips like cameras and sensors that help with driver-assistance systems.
(Reuters) -ON Semiconductor Corp is considering investing $2 billion in boosting production of silicon carbide chips that are widely used to help extend the range of electric vehicles, company executives said on Tuesday. Company executives said during an analyst presentation the company is considering the expansion in either the U.S., the Czech Republic or Korea. ON Semiconductor is a longtime supplier to the automotive industry, supplying both chips that go into drive trains of electric cars as well as a broad swath of other chips like cameras and sensors that help with driver-assistance systems.
SCOTTSDALE, Ariz. & UNIVERSITY PARK, Pa., May 16, 2023--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, and Penn State are pleased to announce the signing of a memorandum of understanding (MOU) towards an $8 million strategic collaboration which includes the establishment of the onsemi Silicon Carbide Crystal Center (SiC3) at Penn State’s Materials Research Institute (MRI). onsemi will fund SiC3 with $800k per year over the next 10 years.
SCOTTSDALE, Ariz., May 16, 2023--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced that under a new strategic agreement, it will provide Kempower with onsemi EliteSiC MOSFETs and diodes for scalable electric vehicle (EV) chargers. The ongoing collaboration between the two companies enables Kempower’s suite of EV charging solutions with a variety of power semiconductor technologies, including onsemi’s EliteSiC. These devices will be used in the Active AC
SCOTTSDALE, Ariz., May 15, 2023--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced that Sineng Electric will integrate onsemi EliteSiC silicon carbide (SiC) MOSFETs and IGBT-based high-density power integrated modules (PIMs) into its utility-scale solar inverter and industry-first 200kW energy storage system (ESS). The two companies worked together to develop optimized solutions that maximize the performance of solar inverters, energy storage and power
As new devices like vehicles are "electrified," new chip technology is needed, and Onsemi is helping blaze this trail.
SCOTTSDALE, Ariz., May 09, 2023--onsemi (Nasdaq: ON), a leader in intelligent power and sensing technologies, today announced the launch of its Hyperlux™ automotive image sensor family. With a 2.1 µm pixel size, industry-leading 150dB ultra high dynamic range (HDR) and LED flicker mitigation (LFM) across the full automotive temperature range, the Hyperlux family provides high performance, speed and advanced features to propel the next generation of Advanced Driver Assistance Systems (ADAS) forwa
Based on the average brokerage recommendation (ABR), ON Semiconductor Corp. (ON) should be added to one's portfolio. Wall Street analysts' overly optimistic recommendations cast doubt on the effectiveness of this highly sought-after metric. So, is the stock worth buying?
Marriott International, DICK'S Sporting Goods, D.R. Horton, ON Semiconductor and Triton International are part of the Zacks Screen of the Week article.
Why investing for the long run, especially if you buy certain popular stocks, could reap huge rewards.
ON Semiconductor Corporation ( NASDAQ:ON ) saw a decent share price growth in the teens level on the NASDAQGS over the...
The green energy revolution is here. Virtually all automakers are coming out with new all-electric designs, and electric utilities are deploying more and more clean energy power sources every year. Many think the ways to play these trends are the electric vehicle or utility stocks themselves.
Here is how MicroStrategy (MSTR) and ON Semiconductor Corp. (ON) have performed compared to their sector so far this year.
ON Semiconductor reported that the auto and industrial market made up 79% of total revenue for its recent quarter.
Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
Investors have caught on to the trend and have invested heavily in automakers. The problem is that the market has been flooded with automakers who are trying to capture some of this massive wave of projected EV sales. Resurgent chip designer and manufacturer ON Semiconductor (NASDAQ: ON) could be one of those stocks deserving of some investment dollars right now.