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3 High-Priced Stocks Ripe for a Split and Surge
FICOFICO(US:FICO) Investor Placeยท2024-07-15 13:07

Group 1: MicroStrategy (MSTR) - MicroStrategy is recognized as "building the world's largest Bitcoin company" with analysts projecting an additional 80% upside for its stock [2] - The company announced a 10-for-1 stock split on July 11, leading to a 7% surge in share price, which has increased over 230% in the last 12 months, trading at $1,500 per share [6][15] - Following the split, the adjusted share price will be approximately $150, and MicroStrategy holds 226,331 Bitcoin valued at $13.30 billion [15] Group 2: NVR (NVR) - NVR has never split its stock since going public in 1993, resulting in a high share price of $8,000, which limits accessibility for most investors [4][8] - Despite the high price, NVR's stock has gained nearly 30% over the last 12 months, including a 15% gain this year, with a reasonable price-earnings ratio of 16 times future earnings estimates [17] Group 3: Fair Isaac Corp. (FICO) - Fair Isaac Corp. is a strong candidate for a stock split, with its share price at $1,550, nearly doubling in the last year and showing a 37% year-to-date gain [11][16] - The company has not split its stock in 20 years, and a split could make shares more accessible to retail investors, given its near-monopoly in U.S. credit scoring [16]