Investors focusing on AI stocks like Nvidia and Broadcom following stock splits.
From Nasdaq: 2024-12-07 04:10:00
The S&P 500, Nasdaq, and Dow Jones are all on track for significant gains this year, with the focus on artificial intelligence (AI) capturing investors’ attention. Analysts predict the AI market could reach $1 trillion by the end of the decade.
Stock splits have made it easier for investors to access AI stocks like Nvidia, which saw a 10-for-1 split following its 2,600% share price increase over the past five years. With strong earnings growth and innovative products, Nvidia’s prospects for 2025 look promising.
Broadcom also completed a 10-for-1 stock split, bringing its shares down to $160 from about $1,600. The company’s focus on AI products has been driving growth, with revenue from custom AI accelerators tripling in recent quarters.
Super Micro Computer experienced a surge in share price early in the year, followed by a stock split announcement. However, financial reporting delays and compliance issues have impacted the stock, though strong revenue growth and product demand continue to drive the company forward.
For investors seeking a second chance at lucrative opportunities, experts are issuing “Double Down” alerts for three companies with significant growth potential. Previous recommendations have yielded impressive returns, making this a timely opportunity for investors to consider.
Read more at Nasdaq: These Top Artificial Intelligence Stocks Completed Stock Splits This Year. Will They Soar in 2025?
