These Stock-Split Stocks Could Become AI Giants
Two of the world's largest companies completed stock splits last year, an operation that suggests a particular player is doing pretty well. A company generally announces a split after the stock has climbed significantly, reaching a level that may put it out of reach for certain investors.
With a stock split, a company issues more shares to current holders. It doesn't change the total market value of the company because the price of the stock is split proportionately. The value of an investor's holding won't change, just the number of shares they own. And the lower price makes the stock more affordable to a broader range of buyers.
If these particular companies continue to focus on smart growth, their shares could once again take off and reach new highs. Two recent stock-split companies on their way to becoming artificial intelligence (AI) giants could do just that. I'm talking about (NASDAQ: GOOG) (NASDAQ: GOOGL) and Amazon (NASDAQ: AMZN).
Source Fool.com
Alphabet Inc. A Stock
With 79 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 162 € there is a slightly positive potential of 3.29% for Alphabet Inc. A compared to the current price of 156.84 €.
