Considering this, high-profile stock splits have made a comeback, with Apple (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) splitting their shares in late August. With the big market rally this year, many stocks are trading at around all-time highs. See our theme on Stocks Poised For A Split for a complete list of companies and the criteria we've used to pick stocks. (Related: Will Netflix Become A Cash Machine?) Netflix has seen two stock splits in the past, the most recent being in 2015. Although the stock appears to have lost some momentum, on account of weaker than expected Q1 subscriber figures, the longer-term outlook for Netflix NFLX is strong, as the company expects to generate positive free cash flows for every year after 2021. Netflix (NFLX) stock has gained about 21% over the last 12 months, although it has declined by about -6% year-to-date. The stock trades at over $2,300 presently. The company carried out its first and only stock split in 2014. Below is a bit more about some of the companies and why they’ve been outperforming.Īlphabet (GOOG) is up by about 18% year-to-date and by about 80% over the last 12 months, as the company's core advertising business held up despite Covid-19, while its cloud business continued to gain traction. Now although splits don’t change the fundamentals for a company, they typically cause a run-up in the stock price post-announcement as investors see them as a signal that management is confident that growth will remain strong going forward. In our indicative theme of Stocks Poised For A Split, we’ve identified a group of over ten companies from the S&P 500 with a strong track record of revenue growth, with their stocks also trading at high prices, potentially making them candidates for a stock split. Now it's looking quite likely that we will see more high-profile stock splits this year, considering that the S&P 500 is up a solid 80% from the lows of March 2020, with many large-cap stocks trading around their all-time highs. The stock is expected to trade on a split-adjusted basis from July 20. Nvidia (NVDA) stock rallied by almost 10% over the last week, after the company announced its first stock split in almost two decades. (Photo Illustration by Rafael Henrique/SOPA Images/LightRocket via Getty Images) SOPA Images/LightRocket via Getty Images BRAZIL - 3: In this photo illustration the Nvidia Corporation logo seen displayed on a.
0 kommentar(er)
