Stock-Split Watch: 2 Fantastic Growth Stocks That Look Ready to Split
The stock market has a fever -- a stock split fever. Walmart, Chipotle Mexican Grill, and Nvidia are just some of the companies to announce stock splits so far this year. Undoubtedly, more will follow. But which ones? Here are two fantastic growth stocks that I think are ready.
Image source: Getty Images.
Topping the list of stocks ready for a split is (NASDAQ: MELI). The company, which operates a Latin-American-focused e-commerce and payments platform, has a stock price above $1,700 -- making it a prime candidate for a stock split.
Source Fool.com
Mercadolibre Inc Stock
€1,553.0
2.730%
The stock is an absolute favorite of our community with 43 Buy predictions and no Sell predictions.
With a target price of 2360 € there is a hugely positive potential of 51.96% for Mercadolibre Inc compared to the current price of 1553.0 €.
