Here's a Potential 10x Stock You Won't Want to Miss

By Travis Hoium – Sep 23, 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 company is growing at a 60% rate and shows no signs of stopping.

On Holding (ONON 2.66%) is a fast-growing sports brand that is taking the world by storm. It's growing over 60% right now and new products are flying off shelves. The good news for investors is that it's also trading for a reasonable valuation, which Travis Hoium thinks could make it a 10x stock in the next decade.

*Stock prices used were end-of-day prices of Sept. 19, 2023. The video was published on Sept. 20, 2023.

Travis Hoium has positions in On Holding. The Motley Fool has positions in and recommends 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.