Stock-split stocks like Nvidia, Walmart, Chipotle, and Broadcom are on fire, tempting investors to buy

From Nasdaq: 2024-06-19 06:15:00

Companies like Walmart, Nvidia, Chipotle, and Broadcom are experiencing a surge in stock prices after announcing or completing stock splits. This trend spans across various sectors, indicating investor excitement about the companies’ futures. Stock splits aim to lower per-share prices, making stocks more accessible to a broader range of investors.

Walmart, Nvidia, Chipotle, and Broadcom have all seen double-digit growth this year, except for Nvidia, which has soared in triple digits. Stock splits don’t directly impact stock prices but reflect companies’ past successes and future prospects. Investors need to assess each company’s performance, market environment, and long-term outlook before making investment decisions.

Although stock-split stocks are currently performing well, investors should carefully consider each company’s track record, industry, and long-term potential. Past success does not guarantee future gains, so investors should make informed decisions based on earnings strength and future prospects. Don’t rush to buy stock just because a company announced a stock split.

Before investing in Nvidia, investors should consider the recommendations of the Motley Fool Stock Advisor team, who have identified the 10 best stocks to buy now. Nvidia did not make the list, so investors should weigh their options carefully. The Stock Advisor service provides guidance on portfolio building and has outperformed the S&P 500 since 2002.

Adria Cimino, the author of the article, has no position in the mentioned stocks. The Motley Fool has positions in and recommends Chipotle Mexican Grill, Nvidia, and Walmart, and recommends Broadcom. Investors should analyze each stock-split stock on a case-by-case basis and consider long-term investment strategies for the best returns.



Read more at Nasdaq: Nvidia and Other Stock-Split Stocks Are on Fire. Time to Buy?