Meet Wall Street's Newest Artificial Intelligence (AI) Stock-Split Stock (No, It's Not Nvidia)
Broadcom(AVGO) The Motley Fool·2024-06-16 08:59
Broadcom just posted strong quarterly financial results, accompanied by plans for a 10-for-1 stock split.Some companies create so much value over the long term that their stock prices soar into the hundreds, or even thousands of dollars, making them somewhat inaccessible to smaller investors.For example, Nvidia stock recently traded above $1,200 following a whopping 205% gain over the past year, as sales surged for its artificial intelligence (AI) data center chips. As a result, the company just executed a ...