Stock Split Watch: Is Oracle Next?
The past few years have been big for stock splits, with giants from Nvidia to Chipotle Mexican Grill completing such operations. Companies usually launch these after major gains have driven the price to high levels -- a stock split brings down the per-share price, making it easier for many more investors to get in on the investing opportunity.
Though a stock split, in and of itself, isn't a reason to buy a particular player, investors still like tracking these operations -- and considering which company may be next to make such a move. Where to begin? A good starting point is with stocks that have performed well and are trading near a record high. These players also may have delivered strong revenue growth in recent times and offer bright long-term prospects.
And all of this makes Oracle (NYSE: ORCL) a potential stock split candidate. Could a stock split be the tech giant's next move? Let's find out.
Source Fool.com
Oracle Corp. Stock
The stock is one of the favorites of our community with 96 Buy predictions and 3 Sell predictions.
With a target price of 233 € there is a hugely positive potential of 67.72% for Oracle Corp. compared to the current price of 138.92 €.
