Many companies have announced stock splits this year after seeing their stock prices soar, including NASDAQ: AVGO. The semiconductor and networking giant is set to undergo a 10-for-1 stock split on July 12, with trading beginning on a split-adjusted basis on July 15. The company has seen significant growth due to the increased demand for its custom AI networks and accelerators, leading to a rise in revenue and stock price.
With the stock price nearing $1,800 in June and a nearly 90% gain over the past year, many investors may be wondering whether to buy shares before or after the stock split. Some argue that buying before the split allows investors to potentially capitalize on the stock’s momentum and benefit from the split, while others believe that buying after the split offers the opportunity to purchase more shares at a lower price. Ultimately, the decision to buy before or after the stock split will depend on individual investment goals and strategies.
Investors considering AVGO as a long-term investment may want to take advantage of the stock split as a way to make the stock more accessible to a wider range of investors. With the company’s strong position in the semiconductor and networking industry, AVGO could be a solid choice for investors looking for a stable and growing tech stock.
Overall, the decision to buy AVGO shares before or after the stock split will depend on individual investment preferences and risk tolerance. It’s important to weigh the potential benefits of buying before the split, such as capitalizing on momentum, against the advantages of buying after the split, such as purchasing more shares at a lower price. Ultimately, investors should do their own research and consider their own investment goals before making a decision on when to buy AVGO shares.
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