Better Stock-Split Artificial Intelligence (AI) Stock: Nvidia, Broadcom, or Lam Research?
With the artificial intelligence revolution in full swing, share prices of favored semiconductor stocks have been on the rise. In late May, I identified five AI stocks that were due for a stock split.
Lo and behold, three have already announced splits since then: Nvidia (NASDAQ: NVDA), (NASDAQ: AVGO), and Lam Research (NASDAQ: LRCX), with Nvidia having already executed its 10-for-1 split on June 7. Broadcom will split its stock 10-for-1 on July 15, and Lam will execute its split on Oct. 3.
While retail investors and employees may more easily be able to buy shares of a lower-priced stock, a stock split doesn't change fundamentals or overall business value. It's just like cutting a pizza into smaller slices: You still have the same amount of pizza!
Source Fool.com
Broadcom Ltd. Stock
The stock is an absolute favorite of our community with 83 Buy predictions and no Sell predictions.
As a result the target price of 1750 € shows a slightly positive potential of 11.38% compared to the current price of 1571.2 € for Broadcom Ltd..
