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This Undervalued Semiconductor Stock Is Poised for Growth With the EV Market, Boasts Attractive PE Ratio and 30% Discount

On Semiconductor is expected to capture more than 25% of the silicon carbide market by the end of 2023.

By Jose Najarro – Nov 29, 2023 at 9:34AM EST

In today's video, I discuss bearish and bullish points for On Semiconductor (ON +3.85%). Check out the short video to learn more, consider subscribing, and click the special offer link below.

*Stock prices used were the market prices of Nov. 28, 2023. The video was published on Nov. 28, 2023.

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About the Author

Jose Najarro
Jose Najarro enjoys investing in the tech market, more importantly, the semiconductor sector. Before partnering with the Fool, Jose worked as a Senior Electrical Engineer for General Dynamics, where he had first-hand experience seeing how emerging technology can change the world. Jose Najarro went to NJIT, receiving his Bachelor's and Master's degree in Electrical Engineering.
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Jose Najarro has no position in any of the stocks mentioned. The Motley Fool recommends ON Semiconductor. The Motley Fool has a disclosure policy. Jose Najarro is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.

Stocks Mentioned

ON Semiconductor Stock Quote
ON Semiconductor
NASDAQ: ON
$83.01
(+3.85%)+$3.08

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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