This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

5 Chip Stocks JPMorgan Likes

ON Semiconductor

ON Semiconductor makes digital signal processing integrated circuits (ICs) used in a wide array of commercial applications. Shares have gained 15.41% since the beginning of 2012.

In a February research report following earnings, Danley was extremely positive on ON, mostly because of its leverage. "The main reason we are Overweight ON Semi is we believe it has the highest leverage in our coverage universe and our C13 estimates are increasing almost 100%. We believe further upside to estimates is likely, and as a result, we reiterate our Overweight rating." ON Semiconductor increased gross margins 200 basis points quarter-over-quarter to 31.1% during its fourth quarter, and J.P. Morgan expects additional upside in the first quarter, moving to 32%.

J.P. Morgan rates Analog Devices shares "overweight" with a $10 price target.

Analysts polled by Thomson Reuters expect ON Semiconductor to generate $742.74 million in revenue and earn 10 cents per share in the first-quarter.

TheStreet Ratings rates ON Semiconductor "hold" with a C grade.

Interested in more on ON Semicondcutor? See TheStreet Ratings' report card for this stock.

>>To see these stocks in action, visit the 5 Chip Stocks JPMorgan Likes portfolio on Stockpickr.

Check out our new tech blog, Tech Trends. Follow TheStreet Tech on your wireless devices.

-- Written by Chris Ciaccia in New York

>To follow the writer on Twitter, go to

>To submit a news tip, send an email to:

6 of 6

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
ONNN $11.62 -5.10%
ADI $62.53 0.00%
INTC $32.08 0.00%
TXN $54.73 0.00%
XLNX $42.88 0.00%


DOW 18,080.14 +21.45 0.12%
S&P 500 2,117.69 +4.76 0.23%
NASDAQ 5,092.0850 +36.0220 0.71%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs