Stocks Splits Can Be Bullish: Analyzing 8 High-Priced Stocks Poised for Growth Following Nvidia’s 10-for-1 Split

Stocks Splits Can Be Bullish: Analyzing 8 High-Priced Stocks Poised for Growth Following Nvidia’s 10-for-1 Split

Nvidia recently announced a forward stock split, becoming the eighth company to do so this year. This decision follows similar moves by megacorporations like Walmart and Chipotle earlier in the year. Nvidia will give investors nine additional shares for each share they own, effectively lowering the stock price to just over $100 per share from … Read more

Here are 8 high-priced stocks that may see a boost from following Nvidia’s 10-for-1 stock split, typically a bullish move.

Here are 8 high-priced stocks that may see a boost from following Nvidia’s 10-for-1 stock split, typically a bullish move.

Nvidia recently became the eighth company this year to announce a forward stock split. Although stock splits do not impact a company’s market value, they historically have a bullish effect. Bank of America analysis suggests that stock splits can result in an average one-year return of 25%, compared to around 12% for the broader market. … Read more