Stock Split Prediction: 2 Artificial Intelligence (AI) Stocks Will Split After Nvidia, Broadcom, and Super Micro
Artificial intelligence (AI) has been a powerful catalyst where the stock market is concerned. Since January 2023, shares of Nvidia, Broadcom, and Super Micro Computer have advanced 615%, 165%, and 520%, respectively. That price appreciation compelled all three companies to split their stocks.
The next AI companies to announce splits in 2024 could be (NASDAQ: MSFT) and ServiceNow (NYSE: NOW). Their stocks have advanced 70% and 109%, respectively, since January 2023, and shares would be more accessible to the average investor if both companies followed the example set by Nvidia, Broadcom, and Supermicro.
Historically, companies have beaten the S 500 (SNPINDEX: ^GSPC) during the 12 months after announcing a stock split. But whether Microsoft and ServiceNow split their stocks or not, investors need to do their homework before purchasing shares.
Source Fool.com
Microsoft Corp. Stock
The stock is one of the favorites of our community with 109 Buy predictions and 2 Sell predictions.
With a target price of 426 € there is a slightly positive potential of 12.22% for Microsoft Corp. compared to the current price of 379.6 €.
