On Holding AG (ONON)
On Holding AG (ONON) is a Swiss sportswear and footwear company known for its innovative running shoes and athletic apparel. Founded in 2010, the company is recognized for its distinctive cushioning technology, called CloudTec, which provides a blend of soft landings and explosive take-offs. On has gained popularity among athletes and casual runners worldwide, emphasizing lightweight designs, performance, and style. The brand positions itself as a premium athletics company with a focus on delivering comfort and performance through advanced manufacturing and unique design features.
Company News
Nike reported strong quarterly results with revenue growth, improved margins, and strategic reset, showing recovery in key markets like China and North America through disciplined cost management and inventory optimization.
On Holding is an athleisure company experiencing strong growth with distinctive cloud-themed shoes, expanding globally despite challenges from tariffs and inflation. The stock is currently trading at an attractive entry point with potential significant gains.
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Brian Bowen, the aggressive growth stock strategist at Zacks Investment Research, discusses two stocks that could be running higher: On Holdings, a shoe company with strong sales growth, and Vertiv, a data center infrastructure company that is expected to see continued growth despite investor concerns.
