2 Recent Artificial Intelligence (AI) Stock-Split Stocks to Buy During the Nasdaq Sell-Off
Semiconductor stocks have been a winning theme in the artificial intelligence (AI) stock rally. High-flying chip companies Nvidia (NASDAQ: NVDA) and (NASDAQ: AVGO) performed so well that management split their stocks to make it easier for investors and company employees to buy or sell shares.
Remember that stock splits lower the share price but offset that by increasing the number of shares. In other words, stock splits don't fundamentally change a stock's valuation. However, a sell-off, like what investors saw recently in the , can.
Even though the market has bounced back, these two (AI) winners remain below their highs. If the Nasdaq continues to sell off, both stocks would be excellent buys for long-term investors. Here is why.
Source Fool.com
Broadcom Ltd. Stock
With 67 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 1382 € there is potential for a 844.76% increase which would mean more than doubling the current price of 146.28 € for Broadcom Ltd..
