These 3 Companies Can Be the Next Stock-Split Stocks in 2024
From Nasdaq:
The past four years have been a roller-coaster ride for investors with extreme market volatility, including the COVID-19 crash. Stocks that have undergone stock splits have been outperforming the market. Three companies that could be the next stock-split stocks in 2024 are Broadcom, Chipotle Mexican Grill, and Costco Wholesale.
Broadcom is a semiconductor giant experiencing growth in the AI and 5G markets. Chipotle Mexican Grill’s success is attributed to its focus on fresh, locally sourced ingredients, pricing power, and innovation. Costco’s advantage comes from its size, membership-driven model, and the sale of basic need goods. These companies have strong potential for future growth.
Overall, investors are eager for companies that have the potential to join the ranks of outperforming stocks through stock splits.
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