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On Holding AG (ONON): A Bull Case Theory

We came across a bullish thesis on On Holding AG (ONON) on Long-term Investing’s Substack by Sanjiv. In this article, we will summarize the bulls’ thesis on ONON. ONON Technologies, Inc. share was trading at $50.40 as of Oct 7th. ONON’s trailing and forward P/E were 91.97 and 45.05 respectively according to Yahoo Finance.

[caption id="attachment_519982" align="aligncenter" width="750"] Copyright: halfpoint / 123RF Stock Photo[/caption]

On Holding AG (ONON) is a Swiss company that makes high-performance shoes, sports clothing, and accessories. It was started in 2010 by former...