Analysts highlight Micron and ON Semiconductor as strong investment options in US stock market

The US stock market continues its bull run, benefiting investors throughout 2024. Despite some concerns about recession and inflation, analysts suggest that Micron Technology and ON Semiconductor are strong investment options in the current market. Micron is a leading provider of storage and memory technologies, with increasing demand driven by AI and quantum computing trends. ON Semiconductor is also positioned for long-term growth, aligning with significant market trends. Both companies are seen as more affordable alternatives to larger tech firms like Nvidia and Google, making them appealing choices for investors looking to capitalize on the AI sector.