From Nasdaq:

Leading consumer brands like Amazon, Celsius Holdings, and Nike have a history of splitting their shares. Amazon, which split its stock in 2022, is poised to continue its winning streak as it maintains a strong lead in e-commerce and cloud computing, and is focusing on efficiency as inflation eases. With AI capabilities and strong growth in advertising, Amazon is expected to outperform in 2024.
Celsius Holdings, the energy drink maker, shares have returned over 4,500% in the last five years. The company credited its 104% year-over-year growth to increasing the availability of its products and brand awareness, thanks in part to a deal with PepsiCo. Analysts see tremendous growth potential in the company as it expands beyond the U.S., making it an ideal candidate for investors.
Nike, the sportswear giant, has a long history of splitting its stock and is well positioned for long-term growth. Though the last stock split came at the end of 2015, the company demonstrated its ability to squeeze more profits from its business in the last quarter. Wall Street is confident in the company’s potential, and it is expected to gain 19% this year, making it a strong blue chip investment.



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