The Motley Fool • 603 days
Nvidia shares have advanced 33% since the company announced a 10-for-1 split on May 22, already outp...
Original source- Nvidia (NVDA) executed a 10-for-1 stock split after a 725% surge in share price. - Historically, NVDA shares declined following stock splits, with an average 23% drop after a year. - Wall Street analysts view NVDA as a long-term leader in artificial intelligence with significant competitive advantages. - NVDA has reported triple-digit revenue and net income growth, with analysts expecting 32% EPS growth annually. - Despite historical performance post-stock splits, analysts recommend buying NVDA shares. Price Impact Rating: Bearish Impact Horizon Rating: Long-term Type: Research Analysis