ONON Stock Recent News

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 in a strong uptrend, supported by robust revenue growth and a successful direct-to-consumer strategy, despite high valuation concerns. The stock's valuation at 51X next year's earnings and a PEG ratio of ~2X is high, but growth prospects justify a Buy rating. On's focus on direct-to-consumer sales has boosted margins, with inventory management further supporting profitability and reducing the need for markdowns.

It's time for my annual list of 10 top stocks to buy for the new year. It's not so different than last year's list, so you won't be too surprised to see most of the picks.

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.

The problem with amazing growth stocks is that when the market discovers them, enthusiastic investors can often converge on them quickly, sending the price through the roof. This doesn't lead to the steady stock appreciation that makes an investment worthwhile.

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?

2 Supercharged Growth Stocks That Are Crushing the Market

Recently, Zacks.com users have been paying close attention to On Holding (ONON). This makes it worthwhile to examine what the stock has in store.

On Holding is gaining momentum and has a long runway of growth ahead.

After some retail stocks were hit with relatively bearish price action, some investors might be weary of looking into the space for a new potential investment. That might make sense for those looking to avoid unnecessary risks, but keeping that attitude after last week's rally in the overall market could be a mistake.