Stocks in our theme include Amazon (AMZN), Alphabet (GOOG), and Netflix (NFLX). Now, although splits don’t change the fundamental picture for a company, they typically cause a run-up in the stock price post-announcement as investors see them as a signal that management is confident that growth will remain strong going forward. In our indicative theme of Stocks Poised For A Split, we’ve identified a group of over ten companies from the S&P 500 that are growing revenue quickly and consistently, with their stocks trading at high prices, potentially making them candidates for a stock split. The S&P 500 is up a solid 45% over the last year and many large-cap stocks are now trading near all-time highs. The company carried out its last stock split in 2005, and its stock now trades at a little over $500 per share.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |