Stock market gains driven by AI and stock splits in 2024, with potential upside for selected companies in 2025.
From Nasdaq: 2024-12-17 05:21:00
In 2024, the stock market saw significant gains, partly due to the rise of artificial intelligence (AI) and excitement surrounding stock splits. Forward stock splits make shares more affordable for retail investors and indicate strong performance. AI stock splits were a major theme, with Nvidia and Broadcom completing 10-for-1 splits.
Super Micro Computer, a customizable rack server specialist, completed its first-ever 10-for-1 split in September. Wall Street analysts forecast a potential 174% upside for the stock in 2025. Despite strong sales growth and demand for data center infrastructure, accounting concerns have raised questions about its future performance.
Lam Research, a semiconductor wafer fabrication equipment company, also completed a 10-for-1 split in October. Analysts project up to 49% upside for the stock in 2025. While well-positioned in the AI revolution, concerns about U.S.-China relations and its valuation pose challenges for reaching its price target.
Investors are advised to consider “Double Down” stock recommendations for potentially lucrative opportunities. Previous recommendations for companies like Nvidia and Apple have shown significant returns. The current recommendations offer a chance to invest before potential growth, emphasizing the importance of timely decision-making in the stock market.
Read more at Nasdaq: 2 Stock-Split Stocks With Up to 174% Upside in 2025, According to Select Wall Street Analysts