Is On Holding the Next Lululemon?

By Travis Hoium – Jun 14, 2023 at 7:15AM

NYSE: ONON

On Holding

Market Cap

$10B

Today's Change

(2.66%) $0.85

Current Price

$32.79

Price as of April 26, 2024, 4:00 p.m. ET

This could be the next hot athletics stock.

High-growth athletic brands have been great investments for investors who can find the right stocks. Nike (NKE 0.19%) has been a market beater for decades, and Lululemon (LULU 1.31%) is up over 20 times since coming public. On Holding (ONON 2.66%) could be the next hot brand, and Travis Hoium highlights why in the video below.

*Stock prices used were end-of-day prices of June 9, 2023. The video was published on June 12, 2023.

Travis Hoium has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Lululemon Athletica and Nike. The Motley Fool recommends the following options: long January 2025 $47.50 calls on Nike. The Motley Fool has a disclosure policy. Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.