Stock-Split Watch: Is Super Micro Computer Next?
Stock splits have become trendy on Wall Street. Artificial intelligence (AI) giant Nvidia recently executed a 10-for-1 split, and fellow chip company announced its own 10-for-1 split for min-July. Both splits launched shares to record highs.
Super Micro Computer (NASDAQ: SMCI) has ridden AI tailwinds over the past 18 months, but this stock is still on par with where it traded in mid-February. Maybe now is a good time for the company, which has yet to split its stock, to announce its first-ever stock split.
Here are the potential implications of a stock split that investors need to know about.
Source Fool.com
Broadcom Ltd. Stock
€1,571.2
-2.970%
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..
