History Says the Nasdaq Will Crush 2024. Here's 1 Artificial Intelligence (AI) Stock-Split Stock to Buy and Hold Forever.
2022 was a tough year in the stock market. Concerns stemming from a challenged economy caused pronounced selling activity, sending stocks into a nosedive. The tech-heavy Nasdaq Composite dropped 33% in 2022 -- marking only the sixth time in over 50 years it's dropped by that level or more.
In the midst of 2022's sell-off, (NASDAQ: GOOG) (NASDAQ: GOOGL) completed a 20-for-1 stock split. Analyzing stock-split stocks can be an interesting exercise as it may shed some light on companies that have experienced higher trading volumes and witnessed a surging share price. While stock splits do not inherently increase the value of a company, seasoned investors know that following a stock split, the company's shares typically tend to see increased demand -- given its perceived lower price -- that eventually pushes up the stock price.
Source Fool.com
Alphabet Inc. A Stock
With 92 Buy predictions and not a single Sell prediction Alphabet Inc. A is an absolute favorite of our community.
With a target price of 177 € there is a slightly positive potential of 13.0% for Alphabet Inc. A compared to the current price of 156.64 €.
