A Bull Market Is Coming: 2 Stock Split Stocks That Could Help Make You Rich in 2024
If you want to buy stocks in the new year, historical patterns are on your side. Since its founding in 1971, the Composite has risen an average of 19% in each year following a rebound year like the one we experienced in 2023. And with the Federal Reserve expected to lower interest rates and begin easing its monetary policy, there is no reason to think 2024 will be any exception to this long-running pattern.
One way for investors to bet on a new bull market is with stock split stocks -- shares in companies that have recently divided their shares into more units to make them more available for retail investors. While splits don't change business fundamentals, they can boost liquidity and signal that these companies are moving in the right direction.
Let's explore why Nvidia (NASDAQ: NVDA) and (NASDAQ: TSLA) fit the bill.
Source Fool.com
Tesla Inc Stock
Our community is currently high on Tesla Inc with 73 Buy predictions and 29 Sell predictions.
With a target price of 245 € there is a positive potential of 21.08% for Tesla Inc compared to the current price of 202.35 €.
