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Stock-split stock to buy No. 1: Walmart Persistent inflation is driving more people to shop for bargains -- and many are heading to Walmart (NYSE: WMT) to find them.
Broadcom split its stock 10-for-1 on July 15. So this latest run-up has nothing to do with the stock split, only its business results and its outlook. Broadcom is involved in multiple industries.
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.
A stock split is neither good nor bad, and long-term investors should probably be indifferent to them. They have no impact on the value of your investment or the value of the company.
Speaking of Costco, the wholesale retailer should consider a stock split nowadays. Costco isn't a complete stranger to stock-splitting operations -- it has just been a while. Its last stock split ...
For example, if a company trading for $1,000 per share launches a 10-for-1 stock split, the stock will trade for $100 per share following the operation. And an investor who owned just one share ...