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On Holding AG: A Compelling Buy Amidst Growth Potential and Strategic Innovation

On Holding AG: A Compelling Buy Amidst Growth Potential and Strategic Innovation

William Blair analyst Dylan Carden has maintained their bullish stance on ONON stock, giving a Buy rating yesterday.

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Dylan Carden has given his Buy rating due to a combination of factors including On Holding AG’s potential for sustained growth within the athletic footwear market. The company is seen as having a strong capacity to innovate and expand its product categories, which positions it well for long-term success. Despite recent volatility in the stock price and concerns about currency fluctuations and tariffs, the underlying brand strength and growth potential remain solid.
Moreover, the stock’s current valuation is considered attractive, especially given its potential to achieve earnings growth of 25% or more over the next two years. This growth potential, coupled with strategic investments in sustainable brand-building efforts, suggests that On Holding AG is well-positioned to navigate market challenges and capitalize on emerging opportunities. As a result, the stock is viewed as a compelling investment opportunity at its current price level.

According to TipRanks, Carden is a 5-star analyst with an average return of 23.8% and a 65.59% success rate. Carden covers the Consumer Cyclical sector, focusing on stocks such as Boot Barn, Stitch Fix, and Revolve Group.

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