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ON Semiconductor: Stabilizing Margins And A Reasonable Entry Point (Upgrade)

I’ve been covering ON Semiconductor Corporation ( ON ) for a while here on Seeking Alpha, and most of my reviews have carried a Hold rating with the same reasoning: a decent valuation, but no clear growth levers inI'm a full-time analyst and portfolio manager of a technology fund with 5 years of experience. I graduated in Mechanical Engineering from the Federal University of Rio de Janeiro (Brazil) and École Centrale de Lyon (France). I'm currently licensed by the Brazilian Securities Commission (CVM) as bo ...