2024-07-01 04:44:00 ET
Semiconductor company Nvidia (NASDAQ: NVDA) completed a 10-for-1 stock split in June , and fellow chipmaker Broadcom (NASDAQ: AVGO) has a 10-for-1 stock split planned for July . Savvy investors have gravitated toward both stocks. A company's share price tends to increase about twice as fast as the S&P 500 (SNPINDEX: ^GSPC) during the year following a stock split announcement.
Indeed, certain Wall Street analysts see substantial upside in Nvidia and Broadcom.
Here's what investors should know about Nvidia and Broadcom.
For further details see:
2 Stock-Split AI Stocks to Buy Before They Soar 70% and 230%, According to Certain Wall Street Analysts