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The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Super Micro Computer wasn’t one of them. The 10 stocks that ...
Broadcom is planning a 10-for-1 stock split, so if you hold one share, you'll receive an extra nine after the July 12 market close. The stock will begin trading at the split-adjusted price on July 15.
But as of early 2023, things started to turn around for the tech company, and as of right now, the stock has soared more than 700% from its IPO price to trade for close to $80.
The company has split its stock twice in the last five years: a 4-for-1 split in 2021 followed by a 10-for-1 split in June of this year, bringing its share price to a more affordable $118.
Stock-split stock to buy No. 1: Chipotle Mexican Grill Proven businesses with long runways for growth can be lucrative investments. Chipotle Mexican Grill (NYSE: CMG) is one such company.
Image source: Getty Images. Why companies launch stock splits. First, a bit of background on stock splits.As mentioned, these operations lower the per-share price of a stock to make it easier for ...