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This certainly appears to be the case for two of the stock market's best-performing stocks, both of which remain strong buys today. Stock-split stock to buy No. 1: Chipotle Mexican Grill
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.
Image source: Getty Images. Stock to buy: Nvidia. Nvidia already climbed more than 150% in the first half of the year thanks to its booming artificial intelligence (AI) business.
Two big stock splits are happening this month. Find out why one is a must-buy and the other is a potential pitfall. 1 Stock-Split Stock to Buy Hand Over Fist in June and 1 to Avoid
Chipotle's board announced the company's first-ever stock split (a 50-for-1 forward split) on March 19, with its share adjustment occurring after the closing bell on June 25.