AI Analysis

Log in to generate an AI summary for this stock.

Log in to generate a MOAT report for this stock.

Log in to generate an earnings report for this stock.

Log in to generate an operating leverage report for this stock.

Log in to generate a management report for this stock.

Log in to generate a valuation report for this stock.

Onto Innovation Inc.

$281.26 +$115.39 (+69.57%)
NYSE · 11 Sep 2026 20:00 UTC
Previous Close
$268.92
Day Range
$272$282.08
Year Range
$111.37$386.46
Market Cap
13.99B
AVG Volume
1.23M
Trailing/Forward PE
104.95/23.92
PEG ratio
2.34
Dividend Yield
-
Next Earnings Date
2026-11-05
Primary Exchange
New York Stock ExchangeUS
Revenue (USD)
0100M200M300M400M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Revenue (USD) by quarter
PeriodRevenue (USD)
26 Q2343.13M
26 Q1291.95M
25 Q4266.87M
25 Q3218.19M
25 Q2253.6M
25 Q1266.61M
24 Q4263.94M
24 Q3252.21M
24 Q2242.33M
24 Q1228.85M
Net Income (USD)
020M40M60M80M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Net Income (USD) by quarter
PeriodNet Income (USD)
26 Q260.1M
26 Q133.75M
25 Q410.53M
25 Q328.22M
25 Q233.91M
25 Q164.09M
24 Q448.82M
24 Q353.05M
24 Q252.95M
24 Q146.85M
Operating Income (USD)
020M40M60M80M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Operating Income (USD) by quarter
PeriodOperating Income (USD)
26 Q263.55M
26 Q138.72M
25 Q413.86M
25 Q323.69M
25 Q232.25M
25 Q163.13M
24 Q442.46M
24 Q353.07M
24 Q248.83M
24 Q142.74M
EBITDA (USD)
050M100M150M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO EBITDA (USD) by quarter
PeriodEBITDA (USD)
26 Q2109.49M
26 Q163.54M
25 Q445.39M
25 Q346.27M
25 Q252.76M
25 Q184.5M
24 Q463.42M
24 Q378.03M
24 Q266.1M
24 Q167.39M
Cash Flows (USD)
025M50M75M100M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Cash Flows (USD) by quarter
PeriodCash Flows (USD)
26 Q257.85M
26 Q122.74M
25 Q489.87M
25 Q382.02M
25 Q244.17M
25 Q183.75M
24 Q451.37M
24 Q359.2M
24 Q253.05M
24 Q150.16M
EPS (USD)
00.511.524 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO EPS (USD) by quarter
PeriodEPS (USD)
26 Q21.21
26 Q10.67
25 Q40.21
25 Q30.57
25 Q20.69
25 Q11.3
24 Q40.98
24 Q31.07
24 Q21.07
24 Q10.94
Expenses (USD)
025M50M75M100MR&DSG&ACapex24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Expenses (USD) by quarter
PeriodExpenses (USD)
26 Q299.9M
26 Q191.55M
25 Q492.86M
25 Q375.8M
25 Q288.98M
25 Q179.89M
24 Q484.47M
24 Q378.24M
24 Q277.92M
24 Q169.41M
Cash & Debt (USD)
0500M1B1.5B2BCashLong Term DebtShort Term Debt24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Cash & Debt (USD) by quarter
PeriodCash & Debt (USD)
26 Q21.88B
26 Q1654.16M
25 Q4639.62M
25 Q3983.93M
25 Q2894.94M
25 Q1850.61M
24 Q4852.33M
24 Q3855.4M
24 Q2786.03M
24 Q1740.93M
Debt ratios
-4-3-2-1024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Debt ratios by quarter
PeriodDebt ratios
26 Q2-1.55
26 Q1-3.15
25 Q4-2.72
25 Q3-3.93
25 Q2-3.16
25 Q1-2.86
24 Q4-3.04
24 Q3-3.2
24 Q2-3.2
24 Q1-3.31
Margins
0%20%40%60%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Margins by quarter
PeriodMargins
26 Q253.41%
26 Q150.14%
25 Q446.39%
25 Q350.7%
25 Q248.16%
25 Q153.72%
24 Q450.17%
24 Q354.07%
24 Q252.92%
24 Q151.69%
Return on Capital
0%1%2%3%4%24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Return on Capital by quarter
PeriodReturn on Capital
26 Q23.13%
26 Q11.58%
25 Q40.5%
25 Q31.41%
25 Q21.73%
25 Q13.34%
24 Q42.53%
24 Q32.79%
24 Q22.89%
24 Q12.63%
Shares Outstanding
020M40M60M24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Shares Outstanding by quarter
PeriodShares Outstanding
26 Q249.41M
26 Q149.74M
25 Q449.34M
25 Q349.11M
25 Q248.92M
25 Q149.18M
24 Q449.37M
24 Q349.43M
24 Q249.34M
24 Q149.23M
Book Value Per Share (USD)
020406024 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Book Value Per Share (USD) by quarter
PeriodBook Value Per Share (USD)
26 Q238.91
26 Q142.86
25 Q442.57
25 Q340.77
25 Q240.13
25 Q139.03
24 Q439.01
24 Q338.51
24 Q237.12
24 Q136.19
Total Assets (USD)
01B2B3B4B24 Q124 Q224 Q324 Q425 Q125 Q225 Q325 Q426 Q126 Q2
ONTO Total Assets (USD) by quarter
PeriodTotal Assets (USD)
26 Q23.7B
26 Q12.4B
25 Q42.37B
25 Q32.19B
25 Q22.14B
25 Q12.12B
24 Q42.12B
24 Q32.07B
24 Q22.01B
24 Q11.95B
Employee Count
05001K1.5K2K2016201720182019202020222022202320242026
ONTO Employee Count by quarter
PeriodEmployee Count
20261.61K
20241.55K
20231.5K
20221.64K
20221.41K
20201.25K
2019647
2018701
2017592
2016532
PE Ratio
050100150200med 45.35Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
ONTO PE Ratio by quarter
PeriodPE Ratio
Sep 26104.8
Sep 2699.87
Aug 26100.9
Aug 26109.3
Aug 26123.6
Aug 26114.88
Jul 26120.87
Jul 26127.43
Jul 26130.81
Jul 26150.25
Jul 26143.77
Jun 26151.41
Jun 26156.01
Jun 26151.39
Jun 26118.37
May 26120.71
May 26122.59
May 26127.04
May 26133.07
May 26105.69
Apr 26111.08
Apr 26104.91
Apr 2692.78
Apr 2677.77
Mar 2673.69
Mar 2672.22
Mar 2668.38
Mar 2664.84
Feb 2677.9
Feb 2660.71
Feb 2660.94
Feb 2658.49
Jan 2656.68
Jan 2659.44
Jan 2661.79
Jan 2653.2
Jan 2646.53
Dec 2545.04
Dec 2543.86
Dec 2543.86
Dec 2544.16
Nov 2540.16
Nov 2535.68
Nov 2535.89
Nov 2539.02
Oct 2533.04
Oct 2532.97
Oct 2532.8
Oct 2529.7
Oct 2535.18
Sep 2531.23
Sep 2530.03
Sep 2527.17
Sep 2525.47
Aug 2525.95
Aug 2526.56
Aug 2526.18
Aug 2525.18
Aug 2521.19
Jul 2522.34
Jul 2521.78
Jul 2522.86
Jul 2523.37
Jun 2522.21
Jun 2521.53
Jun 2521.27
Jun 2521.59
May 2520.65
May 2520.67
May 2522.33
May 2519.88
May 2531.12
Apr 2530.75
Apr 2528.15
Apr 2529.48
Apr 2525.57
Mar 2529.89
Mar 2533.2
Mar 2533.95
Mar 2532.52
Feb 2535.66
Feb 2543.03
Feb 2547.64
Feb 2550.45
Jan 2555.25
Jan 2557.64
Jan 2558.45
Jan 2551.17
Jan 2548.58
Dec 2446.05
Dec 2445.13
Dec 2445.09
Dec 2445.56
Nov 2444.3
Nov 2444.87
Nov 2442.78
Nov 2447.5
Nov 2447.52
Oct 2460.75
Oct 2462.3
Free Cash Flow Yield
0%2%4%6%med 2.82%Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
ONTO Free Cash Flow Yield by quarter
PeriodFree Cash Flow Yield
Sep 261.82%
Sep 261.91%
Aug 261.89%
Aug 261.74%
Aug 261.54%
Aug 261.66%
Jul 261.86%
Jul 261.76%
Jul 261.72%
Jul 261.49%
Jul 261.56%
Jun 261.48%
Jun 261.44%
Jun 261.48%
Jun 261.9%
May 261.86%
May 261.83%
May 261.77%
May 261.69%
May 262.07%
Apr 261.97%
Apr 262.09%
Apr 262.36%
Apr 262.82%
Mar 262.97%
Mar 263.04%
Mar 263.21%
Mar 263.38%
Feb 262.81%
Feb 262.46%
Feb 262.45%
Feb 262.55%
Jan 262.63%
Jan 262.51%
Jan 262.42%
Jan 262.81%
Jan 263.21%
Dec 253.31%
Dec 253.4%
Dec 253.4%
Dec 253.38%
Nov 253.72%
Nov 254.18%
Nov 254.16%
Nov 253.83%
Oct 253.61%
Oct 253.62%
Oct 253.64%
Oct 254.02%
Oct 253.39%
Sep 253.82%
Sep 253.97%
Sep 254.39%
Sep 254.68%
Aug 254.6%
Aug 254.49%
Aug 254.56%
Aug 254.74%
Aug 255.33%
Jul 255.06%
Jul 255.19%
Jul 254.94%
Jul 254.83%
Jun 255.09%
Jun 255.25%
Jun 255.31%
Jun 255.23%
May 255.47%
May 255.47%
May 255.06%
May 255.68%
May 253.41%
Apr 253.45%
Apr 253.77%
Apr 253.6%
Apr 254.15%
Mar 253.55%
Mar 253.19%
Mar 253.12%
Mar 253.26%
Feb 252.97%
Feb 252.81%
Feb 252.54%
Feb 252.4%
Jan 252.19%
Jan 252.1%
Jan 252.07%
Jan 252.36%
Jan 252.49%
Dec 242.63%
Dec 242.68%
Dec 242.68%
Dec 242.65%
Nov 242.73%
Nov 242.7%
Nov 242.83%
Nov 242.55%
Nov 242.55%
Oct 241.82%
Oct 241.77%
Price to Sales
05101520med 8.77Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
ONTO Price to Sales by quarter
PeriodPrice to Sales
Sep 2612.41
Sep 2611.82
Aug 2611.95
Aug 2612.94
Aug 2614.63
Aug 2613.6
Jul 2612.48
Jul 2613.16
Jul 2613.51
Jul 2615.51
Jul 2614.85
Jun 2615.63
Jun 2616.11
Jun 2615.63
Jun 2612.22
May 2612.46
May 2612.66
May 2613.12
May 2613.74
May 2614.38
Apr 2615.11
Apr 2614.27
Apr 2612.62
Apr 2610.58
Mar 2610.02
Mar 269.83
Mar 269.3
Mar 268.82
Feb 2610.6
Feb 2610.6
Feb 2610.64
Feb 2610.21
Jan 269.9
Jan 2610.38
Jan 2610.79
Jan 269.29
Jan 268.13
Dec 257.87
Dec 257.66
Dec 257.66
Dec 257.71
Nov 257.01
Nov 256.23
Nov 256.27
Nov 256.81
Oct 256.37
Oct 256.36
Oct 256.33
Oct 255.73
Oct 256.78
Sep 256.02
Sep 255.79
Sep 255.24
Sep 254.91
Aug 255
Aug 255.12
Aug 255.05
Aug 254.86
Aug 254.52
Jul 254.77
Jul 254.65
Jul 254.88
Jul 254.99
Jun 254.74
Jun 254.6
Jun 254.54
Jun 254.61
May 254.41
May 254.41
May 254.77
May 254.25
May 256.36
Apr 256.28
Apr 255.75
Apr 256.02
Apr 255.22
Mar 256.1
Mar 256.78
Mar 256.94
Mar 256.64
Feb 257.28
Feb 258.36
Feb 259.26
Feb 259.81
Jan 2510.74
Jan 2511.2
Jan 2511.36
Jan 259.95
Jan 259.44
Dec 248.95
Dec 248.77
Dec 248.76
Dec 248.86
Nov 248.61
Nov 248.72
Nov 248.32
Nov 249.23
Nov 249.24
Oct 2411.24
Oct 2411.53
EV/EBITDA
020406080med 28.49Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
ONTO EV/EBITDA by quarter
PeriodEV/EBITDA
Sep 2650.96
Sep 2648.48
Aug 2649
Aug 2653.21
Aug 2660.38
Aug 2656.01
Jul 2658.71
Jul 2662.07
Jul 2663.8
Jul 2673.74
Jul 2670.43
Jun 2674.34
Jun 2676.69
Jun 2674.33
Jun 2657.43
May 2658.63
May 2659.59
May 2661.86
May 2664.95
May 2660.42
Apr 2663.64
Apr 2659.96
Apr 2652.71
Apr 2643.74
Mar 2641.31
Mar 2640.43
Mar 2638.14
Mar 2636.02
Feb 2643.82
Feb 2639.11
Feb 2639.27
Feb 2637.53
Jan 2636.25
Jan 2638.21
Jan 2639.87
Jan 2633.78
Jan 2629.06
Dec 2528
Dec 2527.17
Dec 2527.17
Dec 2527.37
Nov 2524.54
Nov 2521.36
Nov 2521.51
Nov 2523.73
Oct 2520.53
Oct 2520.48
Oct 2520.36
Oct 2518.14
Oct 2522.06
Sep 2519.23
Sep 2518.37
Sep 2516.32
Sep 2515.11
Aug 2515.44
Aug 2515.88
Aug 2515.61
Aug 2514.9
Aug 2513.02
Jul 2513.88
Jul 2513.46
Jul 2514.27
Jul 2514.66
Jun 2513.79
Jun 2513.27
Jun 2513.08
Jun 2513.32
May 2512.62
May 2512.63
May 2513.88
May 2512.04
May 2519.78
Apr 2519.51
Apr 2517.61
Apr 2518.58
Apr 2515.71
Mar 2518.88
Mar 2521.3
Mar 2521.86
Mar 2520.81
Feb 2523.11
Feb 2526.87
Feb 2530.1
Feb 2532.06
Jan 2535.42
Jan 2537.08
Jan 2537.65
Jan 2532.56
Jan 2530.75
Dec 2428.99
Dec 2428.34
Dec 2428.31
Dec 2428.64
Nov 2427.76
Nov 2428.16
Nov 2426.7
Nov 2430
Nov 2430.01
Oct 2438.86
Oct 2439.93
Price/Operating Cashflow
020406080med 31.28Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
ONTO Price/Operating Cashflow by quarter
PeriodPrice/Operating Cashflow
Sep 2652.2
Sep 2649.74
Aug 2650.26
Aug 2654.44
Aug 2661.57
Aug 2657.22
Jul 2648.97
Jul 2651.63
Jul 2653
Jul 2660.87
Jul 2658.25
Jun 2661.34
Jun 2663.21
Jun 2661.34
Jun 2647.96
May 2648.91
May 2649.66
May 2651.47
May 2653.91
May 2644.02
Apr 2646.27
Apr 2643.7
Apr 2638.65
Apr 2632.39
Mar 2630.69
Mar 2630.08
Mar 2628.49
Mar 2627.01
Feb 2632.45
Feb 2636.73
Feb 2636.87
Feb 2635.39
Jan 2634.29
Jan 2635.96
Jan 2637.38
Jan 2632.19
Jan 2628.15
Dec 2527.25
Dec 2526.54
Dec 2526.54
Dec 2526.72
Nov 2524.3
Nov 2521.59
Nov 2521.71
Nov 2523.61
Oct 2524.17
Oct 2524.12
Oct 2524
Oct 2521.73
Oct 2525.74
Sep 2522.85
Sep 2521.97
Sep 2519.88
Sep 2518.64
Aug 2518.98
Aug 2519.43
Aug 2519.15
Aug 2518.43
Aug 2516.53
Jul 2517.43
Jul 2517
Jul 2517.84
Jul 2518.24
Jun 2517.34
Jun 2516.8
Jun 2516.6
Jun 2516.85
May 2516.12
May 2516.13
May 2517.43
May 2515.52
May 2525.54
Apr 2525.24
Apr 2523.11
Apr 2524.2
Apr 2520.99
Mar 2524.53
Mar 2527.25
Mar 2527.87
Mar 2526.69
Feb 2529.27
Feb 2531.37
Feb 2534.73
Feb 2536.78
Jan 2540.28
Jan 2542.02
Jan 2542.61
Jan 2537.3
Jan 2535.41
Dec 2433.57
Dec 2432.9
Dec 2432.87
Dec 2433.21
Nov 2432.3
Nov 2432.71
Nov 2431.19
Nov 2434.63
Nov 2434.64
Oct 2447.43
Oct 2448.63
Price to Book
246810med 4.33Dec 24Apr 25Jul 25Oct 25Feb 26May 26Sep 26
ONTO Price to Book by quarter
PeriodPrice to Book
Sep 267.23
Sep 266.89
Aug 266.96
Aug 267.54
Aug 268.52
Aug 267.92
Jul 266.03
Jul 266.36
Jul 266.53
Jul 267.5
Jul 267.18
Jun 267.56
Jun 267.79
Jun 267.56
Jun 265.91
May 266.02
May 266.12
May 266.34
May 266.64
May 266.88
Apr 267.23
Apr 266.83
Apr 266.04
Apr 265.06
Mar 264.8
Mar 264.7
Mar 264.45
Mar 264.22
Feb 265.07
Feb 265.31
Feb 265.33
Feb 265.11
Jan 264.96
Jan 265.2
Jan 265.4
Jan 264.65
Jan 264.07
Dec 253.94
Dec 253.84
Dec 253.84
Dec 253.86
Nov 253.51
Nov 253.12
Nov 253.14
Nov 253.41
Oct 253.36
Oct 253.36
Oct 253.34
Oct 253.02
Oct 253.58
Sep 253.18
Sep 253.06
Sep 252.77
Sep 252.59
Aug 252.64
Aug 252.7
Aug 252.67
Aug 252.56
Aug 252.42
Jul 252.55
Jul 252.48
Jul 252.61
Jul 252.67
Jun 252.53
Jun 252.45
Jun 252.43
Jun 252.46
May 252.36
May 252.36
May 252.55
May 252.27
May 253.26
Apr 253.22
Apr 252.95
Apr 253.09
Apr 252.68
Mar 253.13
Mar 253.48
Mar 253.56
Mar 253.41
Feb 253.73
Feb 254.14
Feb 254.58
Feb 254.85
Jan 255.32
Jan 255.55
Jan 255.62
Jan 254.92
Jan 254.67
Dec 244.43
Dec 244.34
Dec 244.34
Dec 244.38
Nov 244.26
Nov 244.32
Nov 244.12
Nov 244.57
Nov 244.57
Oct 245.51
Oct 245.65
Onto Innovation Inc.
ONTO
Stockpicker

Video analysis: ONTO

All videos

No video analysis for this stock yet. Request one from our team.

Your email is used only to follow up on this request. We do not add you to marketing lists. Privacy Policy

News: ONTO

Onto Innovation Inc. (ONTO) Presents at Citi's 2026 Global TMT Conference Transcript

seekingalpha.com · 10 Sep 2026

Onto Innovation Inc. (ONTO) Presents at Citi's 2026 Global TMT Conference Transcript

Onto Innovation Inc. (ONTO) Presents at Citi's 2026 Global TMT Conference Transcript

3 Momentum Anomaly Stocks to Profit in Highly Volatile Markets

zacks.com · 3 Sep 2026

3 Momentum Anomaly Stocks to Profit in Highly Volatile Markets

FormFactor, Onto and Viavi pair strong 52-week gains with sharp one-week pullbacks, fitting a momentum anomaly strategy for volatile markets.

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duties by Certain Officers and Directors of Onto Innovation Inc. (NYSE: ONT

gurufocus.com · 1 Sep 2026

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duties by Certain Officers and Directors of Onto Innovation Inc. (NYSE: ONT

SHAREHOLDER ALERT: Levi and Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duties by Certain O

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duties by Certain Officers and Directors of Onto Innovation Inc. (NYSE: ONTO)

prnewswire.com · 1 Sep 2026

SHAREHOLDER ALERT: Levi & Korsinsky, LLP Notifies Shareholders of an Investigation Concerning Possible Breaches of Fiduciary Duties by Certain Officers and Directors of Onto Innovation Inc. (NYSE: ONTO)

NEW YORK, Sept. 1, 2026 /PRNewswire/ -- Levi & Korsinsky announces that it has commenced an investigation of Onto Innovation Inc. (NYSE: ONTO) concerning possible breaches of fiduciary duties.

Onto Innovation Director Lynch Sells 1,000 Shares for $302,300

fool.com · 1 Sep 2026

Onto Innovation Director Lynch Sells 1,000 Shares for $302,300

Lynch executed a sale of 1,000 shares on August 21, 2026, totaling ~$302,000. The transaction represented 27% of the equity holdings held directly before the filing.

Best Momentum Stocks to Buy for August 31st

zacks.com · 31 Aug 2026

Best Momentum Stocks to Buy for August 31st

ONTO, KWR and CBRL made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on August 31, 2026.

Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally

marketbeat.com · 30 Aug 2026

Strike a Balance Between Growth and Stability With These 3 Names Ready to Rally

Investors often feel forced to pick between companies that are dependable, with steady returns but fewer opportunities for growth, and those that have strong growth potential but run the risk of volatility. Though rare, there are some firms that exist at the intersection of both stability and potential for returns.

Onto Innovation: AI's Next Bottleneck Is Yield

seekingalpha.com · 28 Aug 2026

Onto Innovation: AI's Next Bottleneck Is Yield

Onto Innovation is rated Buy, supported by robust process-control demand in advanced semiconductor packaging and expanding product breadth. ONTO's Q2 revenue rose 35% YoY to $343M, with non-GAAP operating margin at 30% and EPS at $1.93; management guides for accelerating growth in H2. Backlog conversion, Dragonfly G5 adoption, and integration of Semilab USA and Rigaku partnerships are key to sustaining above-market earnings growth.

Similar companies

Disclaimer: The historical data presented on this platform is provided by Financial Modeling Prep. Stock Picker is a platform for informational purposes only and does not provide financial advice. Users are encouraged to conduct their own research and consult with a qualified financial advisor before making investment decisions.