Stock-Split Watch: Is Broadcom Next?
Does it feel like you've been here before? Semiconductor and software giant (NASDAQ: AVGO) executed a 10-for-1 stock split during the summer. Yet, here I am waving the flag for another potential stock split.
Maybe that's a good thing. Broadcom stock has soared nearly 30% since its last split, though most of that has come in just the past few weeks.
Does it make sense to split again? After all, stock splits don't make a stock fundamentally cheaper; they lower the share price by proportionately increasing the total share count.
Source Fool.com
Broadcom Ltd. Stock
€307.50
0.260%
With 94 Buy predictions and 2 Sell predictions Broadcom Ltd. is one of the favorites of our community.
With a target price of 342 € there is a slightly positive potential of 11.22% for Broadcom Ltd. compared to the current price of 307.5 €.
