Is This Stock-Split Artificial Intellgience (AI) Stock a Top Buy Right Now?
In the artificial intelligence (AI) investing world, almost everyone has taken a look at Nvidia (NASDAQ: NVDA) at least once. The stock has been on fire this year and is up around 200%. After this stellar performance, some investors may be speculating if Nvidia will split its stock. After all, Nvidia has gone through multiple stock splits and has done it at lower price points.
So, with this potential catalyst in mind, should investors consider buying Nvidia shares? Let's take a look.
Why are stock splits such a big deal? After all, they are cosmetic. Essentially, it boils down to more investors being able to access the stock at brokerages without fractional shares available. While this is common in U.S. brokerages, it's less common elsewhere. Because Nvidia is one of the largest companies in the world (currently the sixth-largest with a market cap of $1.1 trillion), it has a significant global following.
Source Fool.com
