2 Stock-Split AI Stocks Up 455% and 1,150% in 3 Years to Buy Now, According to Wall Street
Chipmaker Nvidia (NASDAQ: NVDA) has been one of the biggest winners of the artificial intelligence (AI) boom. Its share price has increased 455% since August 2021, making it the second-best performing stock in the S&P 500 (SNPINDEX: ^GSPC) during the last three years. The company completed a 10-for-1 stock split in June to make shares more affordable.
Server manufacturer Super Micro Computer (NASDAQ: SMCI) has been an even bigger beneficiary of the AI boom. Its shares price has surged 1,150% since August 2021, making it the best-performing stock in the S&P 500 during the last three years. The company will reset its share price with a 10-for-1 stock split in September.
Generally speaking, Wall Street analysts believe both stocks will be profitable investments during the next 12 months. Nvidia has a median price target of $145 per share, implying 24% upside from its current share price of $117. And Super Micro has a median price target of $693 per share, implying 56% upside from its current share price of $443.
Source Fool.com
