On Stock Pauses Near A Buy Point, Awaiting Next Move

Switzerland-based On Holding (ONON) is Wednesday's IBD 50 Growth Stocks To Watch pick as the top-ranking footwear name nears a buy point of a base. Shares of On were higher by about 0.5% Wednesday amid overall market weakness and are bumping up to a level of resistance. The IBD 50 stock has paused…