2024-03-15 10:46:25 ET
Summary
- I expect double-digit revenue growth and explosive free cash flow growth for ON Semiconductor in the next few years.
- The company is committed to growing its silicon carbide business at twice the rate of the market growth in FY24.
- Despite headwinds in the industrial market, I remain optimistic on ON Semiconductor's long-term growth prospects due to its diverse portfolio and competitive advantages in silicon carbide.
Read the full article on Seeking Alpha
For further details see:
ON Semiconductor: Strong Buy On Significant FCF Growth Potential