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3 Stocks With Rising Prices That Are Likely to Split in 2025
AVGOBroadcom(AVGO) MarketBeat·2024-12-26 13:01

Core Insights - Stock splits are indicative of a company's health and can signal positive future performance, as companies that split their stock tend to outperform the market over time [1][9] - Employees benefit from stock splits as they make shares more affordable, allowing for easier participation in ownership without straining personal finances [2][9] Broadcom - Broadcom is considering a stock split in 2024, having increased over 400% in the last two years and 30% since the last earnings report, with potential for further growth [3] - The stock is currently trading at 239.68withapricetargetof239.68 with a price target of 221.88, and analysts expect it to reach above 500duetoAIdrivengrowthandstrongcashflow[3][10]Revenuegrowthisprojectednear15500 due to AI-driven growth and strong cash flow [3][10] - Revenue growth is projected near 15% for 2025, driven by custom AI accelerators and the acquisition of VMWare, which is expected to enhance growth significantly [10] Casey's General Stores - Casey's General Stores has maintained a self-funded growth model, allowing for dividends and share buybacks while expanding its convenience store operations [4] - The stock is trading at 403.67, with a price target of 424.00,andislikelytoundergoastocksplitasitcontinuestotrendhigher[4]TherecentacquisitionofFikesisexpectedtobolsteritsmarketpresenceintheSouthwest,contributingtosustainedsharepricegrowth[4]CostcoCostcosstockistradingatnearly424.00, and is likely to undergo a stock split as it continues to trend higher [4] - The recent acquisition of Fikes is expected to bolster its market presence in the Southwest, contributing to sustained share price growth [4] Costco - Costco's stock is trading at nearly 1000, making it a prime candidate for a stock split due to its high share price [12] - The company is expected to continue its growth trajectory, supported by robust cash flow and a healthy balance sheet, with potential special dividends anticipated by late 2025 or early 2026 [12] - Costco's strong market position and cash build-up are critical for reinvestment and capital returns, further solidifying its financial health [12]