With major corporations like Netflix announcing stock splits, investors are curious about the next company to follow suit. Stock splits often indicate a strong performance and outlook. However, companies like Berkshire Hathaway and Booking Holdings are unlikely to split their shares due to high prices. Investors should consider buying these stocks regardless.
Berkshire Hathaway’s Class A shares are trading at $761,800, a price that deters short-term traders and signals no intent for a split. The company, led by Warren Buffett, aims to attract long-term investors. Despite Class B shares splitting in 2010, they are also unlikely to split in the future, making Berkshire Hathaway a solid buy for investors.
Booking Holdings, with a share price of $5,100, conducted a reverse split in 2003 but is unlikely to split forward. The company’s strong financial results, competitive advantage, long-term growth potential, and shareholder-friendly initiatives make it an attractive investment. Whether or not it splits, Booking Holdings remains a buy for investors interested in fractional shares.
Read more at Nasdaq: Stock Split Watch: Why These 2 Expensive Stocks Are Not Next in Line, and Why They Are Buys Anyway
