At Over $800 a Share, Is This Semiconductor Stock a Stock-Split Candidate?
Finding the next stock-split candidate can offer investors good potential as these stocks often pop on news of an upcoming stock split. While there's no way to know for certain if a company will split its stock until it makes an announcement, one place to look are stocks with high prices.
One such company right now is Broadcom (NASDAQ: AVGO), a semiconductor giant deeply involved with artificial intelligence (AI). The stock currently trades for around $830, and Broadcom has never split its stock in its current business configuration. So could that finally be on the horizon? Let's take a look.
Stock-split stocks are often successful because the business is already moving in the right direction. A Stock typically requires a high price for a split, and there's only one reason that happens: the company is doing well.
Source Fool.com
Broadcom Ltd. Stock
With 68 Buy predictions and not a single Sell prediction Broadcom Ltd. is an absolute favorite of our community.
With a target price of 1384 € there is potential for a 966.58% increase which would mean more than doubling the current price of 129.76 € for Broadcom Ltd..
