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This Hot Consumer Goods Stock Has Massive Growth Ahead

On Holding is only scratching the surface of its potential.

By Travis Hoium – Aug 19, 2024 at 11:14AM EST

On Holding (ONON +4.10%) is known to be a fast-growing shoe brand, but it has the potential to grow into far more areas, such as apparel and international markets. In this video, Travis Hoium covers why this stock has so much potential in the long term.

*Stock prices used were end-of-day prices of Aug. 13, 2024. The video was published on Aug. 14, 2024.

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About the Author

Travis Hoium
Travis Hoium is a contributing Motley Fool stock market analyst covering solar energy, technology, and growth stocks. Before The Motley Fool, Travis was a mechanical engineer at 3M and founded a virtual reality company. He holds a bachelor’s degree in mechanical engineering and a master’s degree in business administration from the University of Minnesota.
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Travis Hoium has positions in On Holding. The Motley Fool has positions in and recommends Home Depot, Nike, and Target. The Motley Fool recommends On Holding and 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.

Stocks Mentioned

On Holding Stock Quote
On Holding
NYSE: ONON
$36.84
(+4.10%)+$1.45
Home Depot Stock Quote
Home Depot
NYSE: HD
$304.44
(+0.63%)+$1.89
Target Stock Quote
Target
NYSE: TGT
$123.08
(+1.32%)+$1.60
Nike Stock Quote
Nike
NYSE: NKE
$42.02
(-0.76%)-$0.32
Dick's Sporting Goods Stock Quote
Dick's Sporting Goods
NYSE: DKS
$221.83
(+3.36%)+$7.21

*Average returns of all recommendations since inception. Cost basis and return based on previous market day close.

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