From Nasdaq: 2024-07-29 05:50:00

Nvidia’s stock price plummeted in 2024, but it’s not all bad news. The decline was due to a 10-for-1 stock split, not poor performance. The stock has actually surged over 120% this year.

Hitachi, with a 5-for-1 stock split, and Broadcom, with a 10-for-1 split, offer strong investment opportunities. Hitachi’s revenue and profits rose in 2024, with a 49% upside potential. Broadcom’s AI products and recent VMware acquisition have boosted revenue.

Hitachi and Broadcom have bullish predictions, but Nvidia’s upcoming Blackwell GPU launch could be a game-changer. Analysts favor Hitachi and Broadcom, but Nvidia’s potential remains high.

Consider investing in Nvidia? The Motley Fool’s 10 best stocks exclude Nvidia, but offer promising alternatives. With a strong history of monster returns, Stock Advisor provides expert guidance for investors.

Keith Speights, with positions in Alphabet and Microsoft, recommends Nvidia along with other top stocks. The Motley Fool board member Suzanne Frey also supports investing in Nvidia and other tech giants.



Read more at Nasdaq: 2 Better Stock-Split Stocks to Buy Right Now Than Nvidia, According to Wall Street