Analysts at BTIG, an investment bank now owned by U.S. Bancorp (NYSE:USB), have published a list of the top U.S. stocks they expect to outperform in the second half of the year. Among the companies on the list are On Holding (NYSE:ONON), Palo Alto Networks (NASDAQ:PANW), and Capital One Financial (NYSE:COF).
BTIG Believes On Holding Has More Room for Growth
On Holding, a top competitor to Nike (NYSE:NKE) and Lululemon (NASDAQ:LULU), has slumped by over 42% from its all-time high. This retreat mirrors that of its other competitors and is a sign that investors anticipate its growth to moderate.
BTIG believes that the stock can jump to $70, double where it is today, noting that it has more room for growth. The report said:
"While the bear case assumes moderating growth, we see a balanced and sustainable growth profile, with opportunity across both lifestyle and running, channels of distribution, product category, and geography."







