Below is the fundamental report from the guru of Validea for ON SEMICONDUCTOR CORP (ON). Of the 22 guru strategies we follow, ON achieves the highest rates using our Twin Momentum Investor Model based on Dashan Huang’s published strategy. This momentum pattern looks for a combination of fundamental momentum and price momentum.
ON SEMICONDUCTOR CORP (ON) is a large-cap growth stock in the semiconductor industry. Scoring using this strategy is 100% based on the company’s underlying fundamentals and stock valuation. A score of 80% or higher generally indicates that the strategy has some interest in the stock and a score above 90% generally indicates strong interest.
The following table summarizes whether the stock meets each of the tests for this strategy. Not all criteria in the table below are given the same weight or are independent, but the table provides a brief overview of the stock’s strengths and weaknesses in the context of the strategy criteria.
|TWELVE MINUS A MOMENTUM:
Detailed analysis of ON SEMICONDUCTOR CORP
ON Guru Analysis
Ontario Fundamental Analysis
More information about Dashan Huang
Dashan Huang Wallet
About Dashan Huang: Dashan Huang is Assistant Professor of Finance at the Lee Kong Chian School of Business, Singapore Management University. His “Twin Momentum” article examined the combination of traditional price momentum with improving fundamentals to generate market outperformance. In the article, he identified seven fundamental variables (profits, return on equity, return on assets, accumulated operating profitability to equity, cash operating profitability to assets, gross profit to assets and net payout ratio) that he combined into a single fundamental measure of momentum. . It showed that the stocks of the richest 20% of the universe by this measure outperformed the market going forward. When he combined this metric with price momentum, he was able to double his outperformance.
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About Validea: Validea is an investment research service that tracks the published strategies of investment legends. Validea offers both stock analysis and model portfolios based on gurus who have outperformed the market over the long term, including Warren Buffett, Benjamin Graham, Peter Lynch and Martin Zweig. For more information on Validea, click here
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.