20% Downside For ON Semiconductor Stock?
- Wednesday, January 20, 2021, 7:15
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ON Semiconductor stock is up around 1.5x since the beginning of 2020, but at the current price of around $37 per share, we believe that ON stock has around 20% potential downside. Why is that? Our belief stems from the fact that ON stock is still up more than 4x from the low seen in March. Further..