We recently released a list These 10 companies caught fire today. In this article, we will explore holding AG (NYSE:ONON) against other stocks that soared yesterday.
Wall Street's main index was the bag that remixed Thursday, with Nasdaq officials the only loser as investors continue to digest more company earnings and key economic data.
The Nasdaq fell by 0.18%. By comparison, the Dow Jones grew 0.65%, while the S&P 500 rose 0.41%.
Apart from the main indexes, there are 10 companies that excel behind impressive company earnings and planned mergers and acquisitions. In this article, we explore specific reasons for their surge.
To put this list, we only considered stocks with a market cap of $2 billion and trading volume of $5 million.
A group of athletes showcase company's sports footwear at an outdoor stadium.
Shares rose 4.62% on Thursday, with a bullish outlook for the rest of the year at $60.25.
Regarding the statement of holding AG (NYSE:ONON), net sales for the full year are expected to increase by 28% from the same period a year ago.
“(on hold) continues to experience strong demand across channels, regions and product categories. The company hopes to build this global brand dynamic with an exciting pipeline of products for the rest of the year to further build on this global brand dynamic.”
In the first quarter of this year, Holding AG (NYSE:ONON) net sales rose 43%, compared with the same period last year to CHF 726.6 million.
However, the figure failed to increase its net income, down 38% to $56.7 million, compared with $91.4 million year-on-year.
After the result, investment firm Goldman Sachs maintained a "hold" advice on its stock, while offering $64 for the company's price target.
On the same day, investment firm Needham raised its price target for Holding AG (NYSE:ONON), up $62 from the previous $55, while also recommending buying stocks.
Overall, Onon Ranked 9 On our stock list that soared last week. While we acknowledge the potential of Onon is an investment, our belief is that AI stocks have higher returns in a shorter time frame and do this in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for AI stocks that are more promising than Onon but have less than 5 times its earnings, check out our report Cheapest AI stocks.