Markets

Top Stocks to Watch for Potential Stock Splits\n\nIn the tech space, stock-split stocks have been red hot in recent years. Companies generally opt to split their stocks because share prices reach elevated levels due to increased investor interest. While stock splits do not change a company’s fundamentals, they can make buying more appealing to a wider range of investors and increase trading volume. Lately, the excitement surrounding artificial intelligence (AI) has pushed share prices for some top tech companies to lofty levels, leading to discussions about potential stock splits. Two Motley Fool contributors believe that investing in these two potential stock-splitting companies before the end of December would be a smart move.\n\nNvidia, a leading AI technology company, has seen its stock price soar in recent years. With its cutting-edge technology and impressive profits, the company’s stock has reached a relatively high valuation. This makes it a prime candidate for a stock split, which could bring added attention to the already popular stock. A lower per-share price after splitting could also attract more retail investors who may have missed out on the stock’s previous run-up. With its strong position in the growing AI market, solid profitability, and reasonable valuation, Nvidia is a top stock to consider adding to your portfolio in December.\n\nAnother company that stands out as a potential stock-split candidate is ASML. The company’s stock has climbed roughly 19% over the last year, pushing its share price to levels that may be dissuading some investors. With a current trading price of around $711 per share, ASML is a prime candidate for a stock split. The surge in excitement for AI, ASML’s stock performance over the last year has been on par with the S&P 500.”

” AI Industry Buzz: Top Stocks to Watch for Potential Stock Splits\n\nIn the tech space, stock-split stocks have been red hot in recent years. Companies generally opt to split their stocks because share prices reach elevated levels due to increased investor interest. While stock splits do not change a company’s fundamentals, they can make buying more appealing to a wider range of investors and increase trading volume. Lately, the excitement surrounding artificial intelligence (AI) has pushed share prices for some top tech companies to lofty levels, leading to discussions about potential stock splits. Two Motley Fool contributors believe that investing in these two potential stock-splitting companies before the end of December would be a smart move.\n\nNvidia, a leading AI technology company, has seen its stock price soar in recent years. With its cutting-edge technology and impressive profits, the company’s stock has reached a relatively high valuation. This makes it a prime candidate for a stock split, which could bring added attention to the already popular stock. A lower per-share price after splitting could also attract more retail investors who may have missed out on the stock’s previous run-up. With its strong position in the growing AI market, solid profitability, and reasonable valuation, Nvidia is a top stock to consider adding to your portfolio in December.\n\nAnother company that stands out as a potential stock-split candidate is ASML. The company’s stock has climbed roughly 19% over the last year, pushing its share price to levels that may be dissuading some investors. With a current trading price of around $711 per share, ASML is a prime candidate for a stock split. The surge in excitement for AI, ASML’s stock performance over the last year has been on par with the S&P 500.”$ASML2023-12-15T17:34:07.218Z

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button