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Stock impact report

Has Onto Innovation's Recent 23% Surge Already Priced In Future Growth? [Yahoo! Finance]

Onto Innovation Inc. (ONTO) 
Last onto innovation inc. earnings: 2/6 04:05 pm Check Earnings Report
Company Research Source: Yahoo! Finance
The stock has gone nowhere over the last week, but it is up 22.9% over the past month. It remains down 8.8% year to date and 6.5% over the last year, while still sitting on a hefty 130.4% three year and 225.6% five year gain. That kind of rebound after a choppy year has come alongside renewed interest in semiconductor capital equipment names and a broader rotation back into high quality chip related plays. Sector tailwinds and optimism around longer term demand cycles are helping investors reassess how much growth they are willing to pay for in names like Onto Innovation. Right now Onto Innovation scores a 2/6 valuation check score , suggesting it screens as undervalued on only a couple of our metrics. We are going to unpack what that really means across different valuation methods, then finish with a more intuitive way to judge whether the stock's story and price truly line up. Onto Innovation scores just 2/6 on our valuation checks. See what other red flags we found in the fu Show less Read more
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