3 Under-$50 Stocks to Buy Now: May 2024

The price of a stock matters. Nvidia (NASDAQ:NVDA) just announced a 10-for-1 stock split as its share price rose above $1,000 for the first time. In announcing the stock split, which will bring the share price down to about $100 a share, the company said that the lower price will make it “more accessible to employees and investors.” Similarly, Chipotle Mexican Grill (NYSE:CMG) has announced a 50-for-1 stock split after its share price crested above $3,000. Investors often want to avoid the obstacle of share ...