ON Semiconductor Meets 80-Plus Relative Strength Rating Benchmark

On Friday, ON Semiconductor (ON) got a positive adjustment to its Relative Strength (RS) Rating, from 79 to 82.


When looking for the best stocks to buy and watch, keep a close on eye on relative price strength.

This exclusive rating from Investor’s Business Daily identifies share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price performance over the last 52 weeks holds up against all the other stocks in our database.

Decades of market research reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 in the early stages of their moves.

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ON Semiconductor is not currently near a potential buying area. See if the stock goes on to build a sound pattern that could ignite a new run.

Taking a look at top and bottom line numbers, ON Semiconductor has posted rising EPS growth in each of the last five reports. Sales growth has also moved higher over the same time frame. The company is expected to report its next quarterly numbers on or around Oct. 31.

The company earns the No. 3 rank among its peers in the Electronics-Semiconductor Manufacturing industry group. Diodes (DIOD) and ON Semiconductor (ON) are also among the group’s highest-rated stocks.


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