- Onto Innovation has a diversified revenue mix, providing its customers with an end-to-end solution across the entire semiconductor value chain.
- The company has a solid customer base comprising of the world's top semiconductor companies, which goes to show the strong value proposition Onto Innovation brings.
- Onto Innovation has multiple secular industry tailwinds driving growth in the near term and has been outperforming the industry in its high growth segments.
- My price target for Onto Innovation is $114, implying 60% upside from current levels.
For further details see:
Onto Innovation: Hidden Gem In The Semiconductor World