Here's the Top Reason to Buy Broadcom Stock Before Its 10-for-1 Stock Split on July 12
The Motley Fool • 587 days
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The main reason to buy Broadcom before its stock split is tied to the key reason the company is spli...
Original sourceAI Summary
Broadcom stock price nearly quadrupled since October 2022. 10-for-1 stock split imminent on July 12 could create buying pressure. History shows stocks increase average of 25% after announcement of split. Long-term outlook for Broadcom's AI technology and acquisitions is positive. Focus on reasons to own Broadcom over the next 5-15 years for success.
Market-Moving
- Broadcom stock price nearly quadrupled since October 2022.
- 10-for-1 stock split imminent on July 12 could create buying pressure.
- History shows stocks increase average of 25% after announcement of split.
Key Facts
- Broadcom stock price nearly quadrupled since October 2022.
- 10-for-1 stock split imminent on July 12 could create buying pressure.
- History shows stocks increase average of 25% after announcement of split.
- Long-term outlook for Broadcom's AI technology and acquisitions is positive.
- Focus on reasons to own Broadcom over the next 5-15 years for success.