1 Innovation That Could Drive This Growth Stock Higher

On Holding (NYSE: ONON) is one of the fastest-growing fashion brands in the world, and now it's bringing a new innovation to the market. A custom-made upper part of the shoe sprayed onto a molded lower section is being used in high-end racing and could make its way to a retailer near you. In this video, Travis Hoium shows why this is such a transformation of the company's products and business model.

*Stock prices used were end-of-day prices of Aug. 22, 2024. The video was published on Aug. 26, 2024.

Travis Hoium has positions in On Holding. The Motley Fool recommends On Holding. The Motley Fool has a disclosure policy . Travis Hoium is an affiliate of The Motley Fool and may be compensated for promoting its services. If you choose to subscribe through their link , they will earn some extra money that supports their channel. Their opinions remain their own and are unaffected by The Motley Fool.