On Holding AG (ONON): A Bull Case Theory

We came across a bullish thesis on On Holding AG (ONON) on Quality Stocks’ Substack. In this article, we will summarize the bulls’ thesis on ONON. On Holding AG (ONON)'s share was trading at $58.53 as of 3^rd June. ONON’s trailing and forward P/E were 76.41 and 55.25 respectively according to Yahoo Finance.

[caption id="attachment_1202548" align="aligncenter" width="768"] A professional football team running onto the field, in an iconic stadium of the company.[/caption]

On Holding has consolidated its leadership under a single-CEO structure, with Co-CEO and CFO Martin Hoffmann...