Billionaires shifting from Nvidia to companies like Walmart and Chipotle due to stock-split strategy

From Nasdaq: 2024-05-06 05:06:00

AI has grabbed the attention of Wall Street, but a new favorite for investors is stock splits. Companies like Nvidia have conducted forward-stock split to make shares more affordable. Billionaire investors were selling Nvidia stock in favor of companies like Walmart and Chipotle, known for their competitive advantages and long-term growth potential.



Read more at Nasdaq: Forget Nvidia: Billionaires Are Selling It and Buying These 2 Stock-Split Stocks Instead