Prediction that Meta Platforms, Super Micro Computer, and Netflix may be next in line for stock splits
From Nasdaq: 2024-07-15 06:15:00
Stock splits are back in fashion, with big names like Nvidia and Broadcom joining the trend in 2024 as a way to open up opportunities for smaller investors. Post-split stocks often perform well, driven by positive momentum, leading to speculation on which company will be next to split.
Meta Platforms stands out as a potential candidate for a stock split, with a strong position in the AI sector and notable growth in revenue and earnings per share. With a high share price and significant market value, a split for Meta could be on the horizon.
Super Micro Computer, a semiconductor company with ties to Nvidia, has seen impressive growth and is projected to continue expanding its EPS in 2024. With shares trading near $900, a split for SMCI seems likely given its potential for further price appreciation.
Netflix, while not directly an AI company, utilizes machine learning algorithms to enhance user experience and drive recommendations. With over 260 million subscribers and a focus on revenue growth strategies, the streaming giant may benefit from a stock split to attract more investors.
Investors considering Meta Platforms should weigh the insights from the Motley Fool Stock Advisor team, who identified 10 top stocks for potential high returns. While Meta Platforms wasn’t on the list, historical success stories like Nvidia underline the value of strategic stock investments, with Stock Advisor providing a roadmap for investment success.
Read more at Nasdaq: Prediction: After Nvidia’s Stock Split, These 3 Artificial Intelligence (AI) Companies Could Be Next