Stock-Split Watch: 2 Fantastic Growth Stocks That Look Ready to Split
The stock market has a fever -- a stock split fever. Walmart, Chipotle Mexican Grill, and Nvidia are just some of the companies to announce stock splits so far this year. Undoubtedly, more will follow. But which ones? Here are two fantastic growth stocks that I think are ready.
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Topping the list of stocks ready for a split is (NASDAQ: MELI). The company, which operates a Latin-American-focused e-commerce and payments platform, has a stock price above $1,700 -- making it a prime candidate for a stock split.
Source Fool.com
Mercadolibre Inc Stock
With 23 Buy predictions and not a single Sell prediction Mercadolibre Inc is an absolute favorite of our community.
As a result the target price of 1792 € shows a slightly positive potential of 13.68% compared to the current price of 1576.4 € for Mercadolibre Inc.