Jim Cramer - Mad Money
ON Semiconductor
ON-Q
BUY
Feb 22, 2021
They make semi chips for applications like cars, communications, consumer products and computers. Their last report was stellar and the stock has shot up. In December, he brought on a new CEO with a strong track record. ON has a lot of potential.
Avoid, due its exposure to the auto industry which is slowing down. ON shares need to fall further before considering. Painful to say, because it's cheap now.