A new small cap stock in my portfolio

 Today I added a new small-cap stock to my portfolio, which has tremendous potential to grow in the next 2 years. The company name is Onto Innovation $ONTO. The company engages in the design, development, manufacture, and support of process control tools that perform macro-defect inspection and metrology in the US and internationally.

Why I added this:

• Semiconductor equipment exposure tied to AI and advanced packaging.
• Strong free cash flow generation.
• Healthy balance sheet.
• Low debt
• Attractive profitability versus many growth peers.

Long-term growth drivers:

• AI
• High-bandwidth memory
• chiplet architecture
• Advanced semiconductor packaging
• Electric packaging
• Data centers
• 5G infrastructure

Average Analyst target is $369.6, which has 40% upside from its current price.

Expected revenue to grow 21.66% and the EPS to grow 38.22% in the next year.

Revenue forecast:

EPS forecast:

Source: Stockanalysis

Stock market update on top gainers, losers, highest option volumes, 52 week highs and lows on 01/22/2025

 Today's top 10 performers on my list:

$ARM Arm Holdings PLC: +15.93%
$ANET Arista Networks Inc: +6.83%
$ORCL Oracle Corp: +6.75%
$KULR KULR Technology Group: +6.67%
$PLTR Palantir Technologies: +5.2%
$NVDA NVIDIA Corp: +4.43%
$NU Nu Holdings Ltd: +4.4%
$SMCI Super Micro Computer: +4.35%
$MSFT Microsoft Corp: +4.13%
$VRT Vertiv Holdings Co: +3.81%

Today's worst 10 performers on my list:

$IONQ IONQ Inc: -7.22%

$LCID Lucid Group Inc: -6.64%

$LNG Cheniere Energy Inc: -6.53%

$EIX Edison International: -6.39%

$CELH Celsius Holdings Inc: -5.45%

$D Dominion Energy Inc: -5.3%

$RKLB Rocket Lab USA Inc: -5.28%

$PCG PG&E Corp: -5.08%

$SLB Schlumberger NV: -4.82%

$RIVN Rivian Automotive Inc: -4.51%

Today's highest option volume:

$NVDA 2.98M

$TSLA 1.96M

$AAPL 1.66M

$AMZN 638.89K

$MSTR 554.86K

$SOFI 549.61K

$AMD 477.75K

$INTC 444.41K

$PLTR 437.75K

$RGTI 428.66K

$MARA 417.24K

$GOOGL 338.33K

$AVGO 320.35K

$SMCI 296.43K

$NFLX 290.33K

$SOUN 271.54K

$RKLB 263.54K

$COIN 257.82K

$TSM 253.46K

$MU 252.61K

$DJT 243.23K

$ORCL 241.91K

$META 237.65K

$MSFT 225.33K

$F 220.87K

$HOOD 241.94K

$RIOT 214.10K

$RIVN 204.95K

$BABA  191.84K

$GME 179.22K

52-week high

Today 201 companies reached a new 52-week high. The notable stocks are:

$AMZN Amazon. com Inc

$TSM Taiwan Semiconductor Mfg. Co. Ltd.

$V Visa Inc

$NFLX Netflix Inc

$SAP SAP SE

$CSCO Cisco Systems Inc

$AXP American Express Co

$MS Morgan Stanley

$ISRG Intuitive Surgical, Inc.

$GS Goldman Sachs Group Inc

$SIEGY Siemens AG

$ANET Arista Networks Inc

$C Citigroup Inc

$BSX Boston Scientific Corp

$UBS UBS Group AG

$GEV GE Vernova Inc

$MRVL Marvell Technology Inc

$CEG Constellation Energy Corp

$SPOT Spotify Technology SA

$IBKR Interactive Brokers Group, Inc.

$MMM 3M Co

$COF Capital One Financial Corp

$ET Energy Transfer LP Unit

$KMI Kinder Morgan Inc

$SE Sea Ltd

$ARES Ares Management Corp

$BK Bank of New York Mellon Corp

$DFS Discover Financial Services

$ADDYY adidas AG

52-week low:

Today 26 companies reached a new 52-week low. The notable companies are:

$QSR Restaurant Brands International Inc

$BIIB Biogen Inc

$CAG Conagra Brands Inc

$FIZZ National Beverage Corp

$WEN Wendy's Co

$LION Lionsgate Studios Corp

$TLRY Tilray Brands Inc

$LVWR LiveWire Group Inc

$CHPT ChargePoint Holdings Inc