ON Semiconductor's (ON) business is pivoting towards less cyclicality and structurally higher probability, says William Kerwin. He and Brian Seay recaps ON's earnings which were released today, October 31st. They talk about ON's 3Q revenue which came in at $2.19B versus an estimated $2.12B. They also go over how Morningstar has a $74 fair value estimate for ON. Tune in to find out more about the stock market today.
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