ON Semiconductor Corporation's (ON) stock is attractively valued compared to the stocks of its competitors. In the last ten years, ON's revenue has grown at a CAGR of 12.25%, and EBITDA has grown at a CAGR of 14.95%. Currently, ON is facing slowdown in revenue and end-market demand. I believe this is the right time to buy the stock for the long term.
ON's semiconductor solutions help its customers efficiently design their advanced electronic products. The company's custom ASIC and SoC devices have advanced logic capabilities that are used in designing many of