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Should You Buy Broadcom Stock Hand Over Fist Before Its 10-for-1 Stock Split?
AVGOBroadcom(AVGO) The Motley Fool·2024-07-01 09:49

The countdown is on until this AI leader splits its stock.Broadcom's (AVGO 1.19%) share price nearly doubled last year. The stock is up over 45% so far in 2024. That's great news for shareholders. However, for some investors, this tremendous success pushed Broadcom's share price so high (over $1,600) that they were reluctant to buy.That won't be a problem for too much longer. In its first-quarter update a few weeks ago, Broadcom announced plans for a 10-for-1 stock split after the market close on July 12, 2 ...