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07.09.2024 09:15:00

Prediction: This Will Be the Next Artificial Intelligence (AI) Stock Split

Stock splits have been a big thing this year, with top companies across industries launching these efforts to lower their high-flying stock prices. A stock split, by issuing new shares to current holders, decreases the per-share price of a company. And among these stock split announcements, many have come from artificial intelligence (AI) players -- from Nvidia to Broadcom.That's as shares of companies operating in this high-growth space have taken off. For example, Nvidia and Broadcom have seen their shares climb more than 300% and 200%, respectively, over the past three years.And today, with prices of AI stocks still reaching well into the hundreds of dollars, the stock split wave isn't over. In fact, one stock in particular looks like an excellent candidate thanks to its solid growth in recent years, top share price performance, and long-term prospects.Continue readingWeiter zum vollständigen Artikel bei MotleyFool

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