2 Trillion-Dollar Companies Poised to Become Wall Street's Next Stock-Split Stocks
A “Magnificent Seven” member that’s never split, and an AI powerhouse that hasn’t split in over a quarter-century, are the ideal forward-split candidates.
Overview
Although artificial intelligence (AI) has been the hottest thing since sliced bread over the last four years, don't overlook the role stock-split euphoria has played in lifting the broader market. Companies undertaking forward stock splits, designed to lower their share price to make it more nominally affordable for retail investors, have effectively been magnets for everyday investors.
Two of Wall Street's elite trillion-dollar companies are ideally positioned to become Wall Street's next stock-split stocks. The only question is: Will the boards at social media titan Meta Platforms (NASDAQ:META) and memory juggernaut Micron Technology (NASDAQ:MU) take the leap?
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Originally published at www.fool.com.