QTNA - ON Semiconductor Not Out Of The Woods Yet

I’ve been bullish on ON Semiconductor (ON) for a while, but I thought the shares were a little ahead of themselves back in February, particularly given what I thought were risks that semiconductor companies would see a longer correction process from record high lead times and less growth in 2019. While semiconductor stocks as a whole have continued their upward march (despite some iffier reports), ON shares have underperformed since mid-February, falling slightly against a 15% increase for chip stocks in general and more modest performances from fellow power peers like Infineon