This marks the sixth time this enterprise-focused outperformer has split its stock since going public. While it's perfectly normal for a hot trend to be captivating the attention of Wall Street and investors, two buzzy trends at the same time are somewhat rare. In addition to investors piling into stocks associated with the artificial intelligence (AI) revolution, they seemingly can't get enough of companies announcing stock splits. A stock split is a tool on the proverbial utility belt for publicly traded ...

Cintas Corporation NASDAQ: CTAS recently announced a 4-for-1 forward stock split, set to take effect on September 12, 2024. This move has generated interest from investors and Cintas' analyst community, prompting questions about what the split means for the company's future. Get Cintas alerts: Unveiling the Forward Stock Split To begin with, let's understand the concept of a forward stock split. It is a corporate action in which a company increases the number of outstanding shares without altering the total ...

Cintas Corporation and Super Micro Computer are slashing their share prices after years of rapid expansion. Stock splits break high-priced stocks into smaller, more manageable pieces. These moves don't change a company's fundamental value, but they can make its equity more liquid and accessible for retail investors who might not have access to purchasing fractional shares. Stock splits can also signal that a business has a lot of recent operational momentum. Let's explore why Super Micro Computer (SMCI -2.1 ...

Investors seek growth stocks to capitalize on above-average growth in financials that help these securities grab the market's attention and produce exceptional returns. But finding a great growth stock is not easy at all. That's because, these stocks usually carry above-average risk and volatility. In fact, betting on a stock for which the growth story is actually over or nearing its end could lead to significant loss. However, the task of finding cutting-edge growth stocks is made easy with the help of the ...

Cintas Corporation (CTAS) is well poised for growth, courtesy of strength across its business, strategic acquisitions, focus on improving the product line and operational excellence. The company remains focused on investing in growth opportunities and solidifying its long-term market position. Image Source: Zacks Investment Research CTAS has a market capitalization of $78.1 billion. Over the past year, it has gained 59.4% compared with the industry's 56.1% growth. CTAS currently carries a Zacks Rank #2 (Buy ...

Three of Wall Street's top-performing stock-split stocks may soon come crashing back to reality. Although artificial intelligence (AI) is currently the hottest thing since sliced bread on Wall Street, the euphoria surrounding stock splits isn't too far behind. A stock split is an event that allows a publicly traded company to alter its share price and outstanding share count by the same magnitude. These changes are purely cosmetic in the sense that stock splits have no impact on a company's market cap or it ...

Investors are getting excited about the changing monetary policy outlook. Fed Chairman Jerome Powell recently signaled that interest rate cuts are likely coming as soon as September. In theory, this could be great news for industrial companies. But we shouldn't lose sight of why the Fed is starting to pivot on its monetary policy. Now Powell is seemingly nervous about a potential slowdown in the labor market while inflation concerns are moving to the back burner. This suggests that economic risks could be s ...

Have you been paying attention to shares of Cintas (CTAS) ? Shares have been on the move with the stock up 8.7% over the past month. The stock hit a new 52-week high of $773.95 in the previous session. Cintas has gained 26.8% since the start of the year compared to the 9% move for the Zacks Industrial Products sector and the 25.7% return for the Zacks Uniform and Related industry. What's Driving the Outperformance? The stock has an impressive record of positive earnings surprises, as it hasn't missed our ea ...

It's possible to beat the index if you pick the right stocks within the index. These three S&P 500 stocks look poised to outperform the index itself. Iron Mountain (NYSE:IRM) offers physical and data storage for numerous corporations, including 90% of Fortune 1,000 Companies. The firm serves more than 240,000 customers and has a history of outperforming the S&P 500. Shares are up by 44% year-to-date, and they have more than tripled over the past five years. Wall Street analysts believe the stock can rally h ...

Plus, retail investors tend to view stocks differently after a split. Importantly, that newfound attention often translates into a nice valuation bump for the stock that split. MicroStrategy (MSTR) MicroStrategy (NASDAQ:MSTR) has been flying high after the recent Bitcoin (BTC-USD) rebound. Notably, I think this is a crypto stock that can definitely surge higher. That's particularly true if this recent crypto bull market persists. Personally, I think chasing MSTR right now is risky. The stock has already soa ...