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