3 Reasons to Buy On Holding Stock Hand Over Fist Right Now
Investors are always looking for the next big thing, but investing before a company has a proven track record can come with a lot of risk. On occasion, you can find a stock with huge opportunities that's still in its early growth stages but has already demonstrated enough success for investors to be confident about where it's going.
That's what's happening with On Holding (NYSE: ONON). The Swiss company exploded onto the activewear scene with its distinctive CloudTec sneakers, and it looks like it could be an incredible growth stock to add to your portfolio. Here are three reasons why.
On has been unstoppable, demonstrating outstanding growth despite the pressure in the economy. It's outdoing its peers, including leading athleticwear giant Nike, Adidas, and similar premium activewear company Lululemon Athletica.
Source Fool.com
Lululemon Athletica Inc. Stock
Our community is currently high on Lululemon Athletica Inc. with 87 Buy predictions and 5 Sell predictions.
As a result the target price of 457 € shows a very positive potential of 56.35% compared to the current price of 292.3 € for Lululemon Athletica Inc..
