2024-01-28 03:31:37 ET
Summary
- Onto Innovation's shares have quadrupled since the start of the pandemic, despite volatility in the market.
- The company aims to solve complex challenges in the semiconductor sector and has seen significant growth in sales and operating margins.
- The stock's valuation has become demanding, but investors are optimistic about Onto's role in AI and its healthy order intake for its Dragonfly systems.
At a time when the semiconductor market at large is showing real signs of life, with the shares of various participants hitting fresh highs, a previously smaller firm grabs its moment of fame as well. One of such under covered names is Onto Innovation ( ONTO ) , a semiconductor name which has seen its shares quadruple since the start of the pandemic....
Read the full article on Seeking Alpha
For further details see:
Onto Innovations: An Interesting But Demanding Story