Stock splits have made a roaring comeback in recent years, with companies opting for this strategy after achieving strong business and financial results. This resurgence in popularity has led to significant stock price gains, with companies that conduct stock splits experiencing average increases of 25% in the year following the announcement, compared to just 12% for the S&P 500.
At Extreme Investor Network, we believe there is still ample opportunity for investors to capitalize on stock split stocks that have a long runway ahead. According to select Wall Street analysts, there are three stocks that could potentially deliver significant returns, with upside of as much as 215%.
1. Broadcom (NASDAQ: AVGO) – Implied upside 36%
Broadcom is a key player in the software, semiconductor, and security products space, with its technology playing a crucial role in the adoption of artificial intelligence (AI). The company’s recent financial results have been impressive, with revenue surging 47% year over year in the fiscal third quarter. Broadcom’s track record of consistent growth led to a 10-for-1 stock split, and many analysts believe there is more upside ahead. With a potential upside of 36%, Broadcom remains an attractive opportunity for investors.
2. Nvidia (NASDAQ: NVDA) – Implied upside 85%
Nvidia is a leader in graphics processing units (GPUs) that are integral to various applications, including video games, cloud computing, and data centers. The company’s recent financial performance has been stellar, with record quarterly revenue and impressive growth in its data center segment. Analysts are bullish on Nvidia’s prospects, with potential gains of 85% compared to the current closing price. With its strong track record and continued growth potential, Nvidia is a stock split stock to watch.
3. Super Micro Computer (NASDAQ: SMCI) – Implied upside 215%
Super Micro Computer is a leading provider of custom-designed servers, known for its innovative building-block architecture and expertise in direct liquid cooling (DLC). The company has delivered record revenue and earnings, leading to a 10-for-1 stock split. Despite recent controversies, some analysts remain optimistic about Super Micro Computer’s future, with a potential upside of 215%. For investors willing to take on a little risk, Super Micro Computer offers an attractive opportunity at a bargain price.
At Extreme Investor Network, we believe that stock split stocks can offer significant upside potential for investors who are willing to do their research and analyze the long-term prospects of these companies. With the right knowledge and strategy, investors can position themselves to benefit from the continued success of these companies as they capitalize on market trends and emerging technologies.