From a technical perspective, On Holding (ONON) is looking like an interesting pick, as it just reached a key level of support. ONON recently overtook the 50-day moving average, and this suggests a short-term bullish trend.
On Holding (ONON) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
RCL, ONON and SKWD made it to the Zacks Rank #1 (Strong Buy) growth stocks list on August 8, 2024.
In the closing of the recent trading day, On Holding (ONON) stood at $37.83, denoting a +1.58% change from the preceding trading day.
On Holding (ONON) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?
In the most recent trading session, On Holding (ONON) closed at $39.83, indicating a -0.97% shift from the previous trading day.
Zacks.com users have recently been watching On Holding (ONON) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
On Holding (ONON) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
In the most recent trading session, On Holding (ONON) closed at $37.03, indicating a +1.09% shift from the previous trading day.
On Holding (ONON) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
On Holding is a story stock with potential for high growth and returns, requiring patience. On Holding's growth strategy includes increasing brand recognition through elite athletes, innovative shoe designs, and expansion into different demographics and product categories. The company's financials show strong revenue and operating income growth, debt-free status, and potential for margin expansion.