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ShaelD
2022-03-14
[Miser]
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ShaelD
2022-03-14
Good read
Alphabet and Amazon Stock Splits: 3 High-Flying Stocks That Could Split Next
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Alphabet announced a 20-for-1 forward stock split that, as of the closing bell on March 9, would bring its share price down to around $133 (for the Class A shares, GOOGL). Shareholders still need to vote to approve the split, which is expected to take effect in mid-July.</p><p>This past week, e-commerce giant <b>Amazon</b> (NASDAQ:AMZN) followed suit with a 20-for-1 forward stock split announcement of its own. Assuming it receives shareholder approval, Amazon's lofty share price will come down to around $139, based on its March 9 close. This will be Amazon's first stock split since September 1999.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9a9b323ff30faa3ac6ab8223b047381\" tg-width=\"700\" tg-height=\"461\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>What you need to know about stock splits</h2><p>Stock splits have absolutely no effect on the operating performance of an underlying business. In other words, a company isn't going to sell more or less of its product or service just because a split is going to take place. Rather, a stock split is merely a way for publicly traded companies to alter their share price and outstanding share count without affecting their market value.</p><p>As an example, Amazon shares are set to fall from around $2,785 to one-twentieth of their current per-share value -- around $139.25. However, every existing shareholder will receive 19 additional shares for each share they own. Instead of owning 1 share at $2,785, investors would have 20 shares at $139.25. Both work out to the same market value of $2,785, but the stock split mechanism allows for the share price and outstanding share count to be altered.</p><p>Why enact stock splits? The simple reason is to make shares more affordable for retail investors. If you have $500 to invest and your online brokerage doesn't allow for fractional-share investing, you can't directly put your money to work in Alphabet or Amazon right now. But after their respective splits take effect, $500 would be enough to purchase a few shares of either company.</p><p>Stock splits are also often indicative of a company that's performing well. Think of it this way: A publicly traded company's share price probably wouldn't be high enough to merit a split if it wasn't executing well and out-innovating its competition.</p><p>With Alphabet and Amazon taking off following their respective stock split announcements, the three high-flying stocks below may be next to split their shares.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2bd808070a9dde55f37210b59edc2e23\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>A Tesla Model S charging. Image source: Tesla Motors.</span></p><h2>Tesla</h2><p>For those of you who might not recall, electric vehicle manufacturer <b>Tesla</b> (NASDAQ:TSLA) was one of the first brand-name stocks to see its valuation launch higher after announcing a stock split. Tesla's 5-for-1 forward split announced in August 2020 saw the company's shares trade higher by more than 60% in the 20 days between the announcement and enactment of the split.</p><p>One reason a stock split would make sense here is Tesla's share price. Although some folks have the luxury of purchasing fractional shares, other investors would be forced to save up $859 (as of March 9 close) just to buy a single share of Tesla. The company's previously announced 5-for-1 split occurred with shares at $1,374; that's well within sight given the range Tesla has been trading in this year, of about $800 to $1,200 a share.</p><p>Another reason for Tesla to consider a stock split is that Elon Musk knows his audience. Even though institutional investors and insiders combine to hold more than 61% of outstanding shares, Musk is well aware that Tesla is a favorite holding of retail investors. To keep them happy and buying Tesla stock, Musk may be willing to encourage the company's board to approve another stock split. Doing so would allow investors with less starting capital to take a position in Tesla.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b404d8a96c06b147261e7a118930373\" tg-width=\"700\" tg-height=\"510\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>AutoZone</h2><p>In February, after Alphabet announced its stock split, I believed Amazon would be the most logical company to next take the plunge. With Amazon following suit, the honor now gets bestowed on automotive replacement parts company <b>AutoZone</b> (NYSE:AZO). Investors have to go back almost 28 years to find the last time (April 1994) AutoZone enacted a stock split. A single share recently set investors back about $1,885, as of March 9.</p><p>You might be wondering why AutoZone hasn't made its shares more affordable to retail investors who don't have access to fractional-share purchases. The answer seems to be tied to the company's mammoth share repurchases over the past 24 years.</p><p>As I described last month, the company has been given a green light from its board of directors to make significant share buybacks since 1998. Including the recently reported fourth quarter, AutoZone has spent more than $28 billion repurchasing its stock over 24 years. Over that stretch, the company's outstanding share count has shrunk from 150 million to slightly below 20 million. I believe that AutoZone's board likes to highlight its progress in reducing the company's share count; a stock split, however, would nominally increase the share count. It's possible that AutoZone's board believes enacting a stock split would somehow obscure that buyback progress.</p><p>Then again, with fewer than 20 million shares outstanding, AutoZone's ability to repurchase its own stock is shrinking. If the company wants to continue returning capital to shareholders via buybacks, a stock split may be necessary.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5596b9cd58d43ee65824bd7892b9c5e\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>Broadcom</h2><p>The third high-flying stock that could follow in Alphabet's and Amazon's footsteps and split is semiconductor solutions giant <b>Broadcom</b> (NASDAQ:AVGO). Although Avago Technologies -- which acquired Broadcom Corp. in early 2016 and then named the combined entity Broadcom -- never split its shares, the original Broadcom did so on three occasions (1999, 2000, and 2006).</p><p>There are a few good reasons for Broadcom to consider splitting its stock right now. First, as with the other companies on the list, Broadcom's share price is becoming prohibitively high for retail investors who don't have access to fractional-share purchases. Shares were near $600 last week and haven't dipped below $533 in over four months.</p><p>Additionally, Broadcom hasn't been leaning on share buybacks. In fact, Broadcom's board only recently authorized a $10 billion share repurchase agreement. This is a company that's focused on boosting its dividend, innovating, and acquiring other companies, rather than buying back shares. In other words, it shouldn't have the same reluctance to split that I described above with AutoZone.</p><p>A split would also make sense given that Broadcom's business is firing on all cylinders. Its backlog hit $14.9 billion in 2021, with CEO Hock Tan noting in December that the company's supply was already booked through 2022 and into 2023. Considering that chip shortages are persisting, Broadcom's share price has a very good chance of heading even higher.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet and Amazon Stock Splits: 3 High-Flying Stocks That Could Split Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlphabet and Amazon Stock Splits: 3 High-Flying Stocks That Could Split Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-14 09:17 GMT+8 <a href=https://www.fool.com/investing/2022/03/13/alphabet-amazon-stock-split-3-stocks-split-next/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite a mountain of economic data and earnings news over the past month, the biggest news for two popular FAANG stocks over the past five weeks was the announcement that they'd be enacting stock ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/13/alphabet-amazon-stock-split-3-stocks-split-next/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4535":"淡马锡持仓","BK4524":"宅经济概念","AMZN":"亚马逊","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4538":"云计算","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4581":"高盛持仓"},"source_url":"https://www.fool.com/investing/2022/03/13/alphabet-amazon-stock-split-3-stocks-split-next/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2219022361","content_text":"Despite a mountain of economic data and earnings news over the past month, the biggest news for two popular FAANG stocks over the past five weeks was the announcement that they'd be enacting stock splits.First up was Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG), the parent company of internet search engine Google and streaming platform YouTube. Alphabet announced a 20-for-1 forward stock split that, as of the closing bell on March 9, would bring its share price down to around $133 (for the Class A shares, GOOGL). Shareholders still need to vote to approve the split, which is expected to take effect in mid-July.This past week, e-commerce giant Amazon (NASDAQ:AMZN) followed suit with a 20-for-1 forward stock split announcement of its own. Assuming it receives shareholder approval, Amazon's lofty share price will come down to around $139, based on its March 9 close. This will be Amazon's first stock split since September 1999.Image source: Getty Images.What you need to know about stock splitsStock splits have absolutely no effect on the operating performance of an underlying business. In other words, a company isn't going to sell more or less of its product or service just because a split is going to take place. Rather, a stock split is merely a way for publicly traded companies to alter their share price and outstanding share count without affecting their market value.As an example, Amazon shares are set to fall from around $2,785 to one-twentieth of their current per-share value -- around $139.25. However, every existing shareholder will receive 19 additional shares for each share they own. Instead of owning 1 share at $2,785, investors would have 20 shares at $139.25. Both work out to the same market value of $2,785, but the stock split mechanism allows for the share price and outstanding share count to be altered.Why enact stock splits? The simple reason is to make shares more affordable for retail investors. If you have $500 to invest and your online brokerage doesn't allow for fractional-share investing, you can't directly put your money to work in Alphabet or Amazon right now. But after their respective splits take effect, $500 would be enough to purchase a few shares of either company.Stock splits are also often indicative of a company that's performing well. Think of it this way: A publicly traded company's share price probably wouldn't be high enough to merit a split if it wasn't executing well and out-innovating its competition.With Alphabet and Amazon taking off following their respective stock split announcements, the three high-flying stocks below may be next to split their shares.A Tesla Model S charging. Image source: Tesla Motors.TeslaFor those of you who might not recall, electric vehicle manufacturer Tesla (NASDAQ:TSLA) was one of the first brand-name stocks to see its valuation launch higher after announcing a stock split. Tesla's 5-for-1 forward split announced in August 2020 saw the company's shares trade higher by more than 60% in the 20 days between the announcement and enactment of the split.One reason a stock split would make sense here is Tesla's share price. Although some folks have the luxury of purchasing fractional shares, other investors would be forced to save up $859 (as of March 9 close) just to buy a single share of Tesla. The company's previously announced 5-for-1 split occurred with shares at $1,374; that's well within sight given the range Tesla has been trading in this year, of about $800 to $1,200 a share.Another reason for Tesla to consider a stock split is that Elon Musk knows his audience. Even though institutional investors and insiders combine to hold more than 61% of outstanding shares, Musk is well aware that Tesla is a favorite holding of retail investors. To keep them happy and buying Tesla stock, Musk may be willing to encourage the company's board to approve another stock split. Doing so would allow investors with less starting capital to take a position in Tesla.Image source: Getty Images.AutoZoneIn February, after Alphabet announced its stock split, I believed Amazon would be the most logical company to next take the plunge. With Amazon following suit, the honor now gets bestowed on automotive replacement parts company AutoZone (NYSE:AZO). Investors have to go back almost 28 years to find the last time (April 1994) AutoZone enacted a stock split. A single share recently set investors back about $1,885, as of March 9.You might be wondering why AutoZone hasn't made its shares more affordable to retail investors who don't have access to fractional-share purchases. The answer seems to be tied to the company's mammoth share repurchases over the past 24 years.As I described last month, the company has been given a green light from its board of directors to make significant share buybacks since 1998. Including the recently reported fourth quarter, AutoZone has spent more than $28 billion repurchasing its stock over 24 years. Over that stretch, the company's outstanding share count has shrunk from 150 million to slightly below 20 million. I believe that AutoZone's board likes to highlight its progress in reducing the company's share count; a stock split, however, would nominally increase the share count. It's possible that AutoZone's board believes enacting a stock split would somehow obscure that buyback progress.Then again, with fewer than 20 million shares outstanding, AutoZone's ability to repurchase its own stock is shrinking. If the company wants to continue returning capital to shareholders via buybacks, a stock split may be necessary.Image source: Getty Images.BroadcomThe third high-flying stock that could follow in Alphabet's and Amazon's footsteps and split is semiconductor solutions giant Broadcom (NASDAQ:AVGO). Although Avago Technologies -- which acquired Broadcom Corp. in early 2016 and then named the combined entity Broadcom -- never split its shares, the original Broadcom did so on three occasions (1999, 2000, and 2006).There are a few good reasons for Broadcom to consider splitting its stock right now. First, as with the other companies on the list, Broadcom's share price is becoming prohibitively high for retail investors who don't have access to fractional-share purchases. Shares were near $600 last week and haven't dipped below $533 in over four months.Additionally, Broadcom hasn't been leaning on share buybacks. In fact, Broadcom's board only recently authorized a $10 billion share repurchase agreement. This is a company that's focused on boosting its dividend, innovating, and acquiring other companies, rather than buying back shares. In other words, it shouldn't have the same reluctance to split that I described above with AutoZone.A split would also make sense given that Broadcom's business is firing on all cylinders. Its backlog hit $14.9 billion in 2021, with CEO Hock Tan noting in December that the company's supply was already booked through 2022 and into 2023. Considering that chip shortages are persisting, Broadcom's share price has a very good chance of heading even higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"hots":[{"id":9032050918,"gmtCreate":1647243143512,"gmtModify":1676534206935,"author":{"id":"4090479976934810","authorId":"4090479976934810","name":"ShaelD","avatar":"https://static.itradeup.com/news/0241239f6e7d4428f3cf48cade19e456","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090479976934810","authorIdStr":"4090479976934810"},"themes":[],"htmlText":"Good read","listText":"Good read","text":"Good read","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032050918","repostId":"2219022361","repostType":4,"repost":{"id":"2219022361","kind":"highlight","pubTimestamp":1647220662,"share":"https://ttm.financial/m/news/2219022361?lang=&edition=fundamental","pubTime":"2022-03-14 09:17","market":"us","language":"en","title":"Alphabet and Amazon Stock Splits: 3 High-Flying Stocks That Could Split Next","url":"https://stock-news.laohu8.com/highlight/detail?id=2219022361","media":"Motley Fool","summary":"Two high-profile FAANG stocks splitting their shares may entice these companies to follow suit.","content":"<html><head></head><body><p>Despite a mountain of economic data and earnings news over the past month, the biggest news for two popular FAANG stocks over the past five weeks was the announcement that they'd be enacting stock splits.</p><p>First up was <b>Alphabet</b> (NASDAQ:GOOGL) (NASDAQ:GOOG), the parent company of internet search engine Google and streaming platform YouTube. Alphabet announced a 20-for-1 forward stock split that, as of the closing bell on March 9, would bring its share price down to around $133 (for the Class A shares, GOOGL). Shareholders still need to vote to approve the split, which is expected to take effect in mid-July.</p><p>This past week, e-commerce giant <b>Amazon</b> (NASDAQ:AMZN) followed suit with a 20-for-1 forward stock split announcement of its own. Assuming it receives shareholder approval, Amazon's lofty share price will come down to around $139, based on its March 9 close. This will be Amazon's first stock split since September 1999.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/d9a9b323ff30faa3ac6ab8223b047381\" tg-width=\"700\" tg-height=\"461\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>What you need to know about stock splits</h2><p>Stock splits have absolutely no effect on the operating performance of an underlying business. In other words, a company isn't going to sell more or less of its product or service just because a split is going to take place. Rather, a stock split is merely a way for publicly traded companies to alter their share price and outstanding share count without affecting their market value.</p><p>As an example, Amazon shares are set to fall from around $2,785 to one-twentieth of their current per-share value -- around $139.25. However, every existing shareholder will receive 19 additional shares for each share they own. Instead of owning 1 share at $2,785, investors would have 20 shares at $139.25. Both work out to the same market value of $2,785, but the stock split mechanism allows for the share price and outstanding share count to be altered.</p><p>Why enact stock splits? The simple reason is to make shares more affordable for retail investors. If you have $500 to invest and your online brokerage doesn't allow for fractional-share investing, you can't directly put your money to work in Alphabet or Amazon right now. But after their respective splits take effect, $500 would be enough to purchase a few shares of either company.</p><p>Stock splits are also often indicative of a company that's performing well. Think of it this way: A publicly traded company's share price probably wouldn't be high enough to merit a split if it wasn't executing well and out-innovating its competition.</p><p>With Alphabet and Amazon taking off following their respective stock split announcements, the three high-flying stocks below may be next to split their shares.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/2bd808070a9dde55f37210b59edc2e23\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>A Tesla Model S charging. Image source: Tesla Motors.</span></p><h2>Tesla</h2><p>For those of you who might not recall, electric vehicle manufacturer <b>Tesla</b> (NASDAQ:TSLA) was one of the first brand-name stocks to see its valuation launch higher after announcing a stock split. Tesla's 5-for-1 forward split announced in August 2020 saw the company's shares trade higher by more than 60% in the 20 days between the announcement and enactment of the split.</p><p>One reason a stock split would make sense here is Tesla's share price. Although some folks have the luxury of purchasing fractional shares, other investors would be forced to save up $859 (as of March 9 close) just to buy a single share of Tesla. The company's previously announced 5-for-1 split occurred with shares at $1,374; that's well within sight given the range Tesla has been trading in this year, of about $800 to $1,200 a share.</p><p>Another reason for Tesla to consider a stock split is that Elon Musk knows his audience. Even though institutional investors and insiders combine to hold more than 61% of outstanding shares, Musk is well aware that Tesla is a favorite holding of retail investors. To keep them happy and buying Tesla stock, Musk may be willing to encourage the company's board to approve another stock split. Doing so would allow investors with less starting capital to take a position in Tesla.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/3b404d8a96c06b147261e7a118930373\" tg-width=\"700\" tg-height=\"510\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>AutoZone</h2><p>In February, after Alphabet announced its stock split, I believed Amazon would be the most logical company to next take the plunge. With Amazon following suit, the honor now gets bestowed on automotive replacement parts company <b>AutoZone</b> (NYSE:AZO). Investors have to go back almost 28 years to find the last time (April 1994) AutoZone enacted a stock split. A single share recently set investors back about $1,885, as of March 9.</p><p>You might be wondering why AutoZone hasn't made its shares more affordable to retail investors who don't have access to fractional-share purchases. The answer seems to be tied to the company's mammoth share repurchases over the past 24 years.</p><p>As I described last month, the company has been given a green light from its board of directors to make significant share buybacks since 1998. Including the recently reported fourth quarter, AutoZone has spent more than $28 billion repurchasing its stock over 24 years. Over that stretch, the company's outstanding share count has shrunk from 150 million to slightly below 20 million. I believe that AutoZone's board likes to highlight its progress in reducing the company's share count; a stock split, however, would nominally increase the share count. It's possible that AutoZone's board believes enacting a stock split would somehow obscure that buyback progress.</p><p>Then again, with fewer than 20 million shares outstanding, AutoZone's ability to repurchase its own stock is shrinking. If the company wants to continue returning capital to shareholders via buybacks, a stock split may be necessary.</p><p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/e5596b9cd58d43ee65824bd7892b9c5e\" tg-width=\"700\" tg-height=\"393\" referrerpolicy=\"no-referrer\"/><span>Image source: Getty Images.</span></p><h2>Broadcom</h2><p>The third high-flying stock that could follow in Alphabet's and Amazon's footsteps and split is semiconductor solutions giant <b>Broadcom</b> (NASDAQ:AVGO). Although Avago Technologies -- which acquired Broadcom Corp. in early 2016 and then named the combined entity Broadcom -- never split its shares, the original Broadcom did so on three occasions (1999, 2000, and 2006).</p><p>There are a few good reasons for Broadcom to consider splitting its stock right now. First, as with the other companies on the list, Broadcom's share price is becoming prohibitively high for retail investors who don't have access to fractional-share purchases. Shares were near $600 last week and haven't dipped below $533 in over four months.</p><p>Additionally, Broadcom hasn't been leaning on share buybacks. In fact, Broadcom's board only recently authorized a $10 billion share repurchase agreement. This is a company that's focused on boosting its dividend, innovating, and acquiring other companies, rather than buying back shares. In other words, it shouldn't have the same reluctance to split that I described above with AutoZone.</p><p>A split would also make sense given that Broadcom's business is firing on all cylinders. Its backlog hit $14.9 billion in 2021, with CEO Hock Tan noting in December that the company's supply was already booked through 2022 and into 2023. Considering that chip shortages are persisting, Broadcom's share price has a very good chance of heading even higher.</p></body></html>","source":"fool_stock","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Alphabet and Amazon Stock Splits: 3 High-Flying Stocks That Could Split Next</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nAlphabet and Amazon Stock Splits: 3 High-Flying Stocks That Could Split Next\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-14 09:17 GMT+8 <a href=https://www.fool.com/investing/2022/03/13/alphabet-amazon-stock-split-3-stocks-split-next/><strong>Motley Fool</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Despite a mountain of economic data and earnings news over the past month, the biggest news for two popular FAANG stocks over the past five weeks was the announcement that they'd be enacting stock ...</p>\n\n<a href=\"https://www.fool.com/investing/2022/03/13/alphabet-amazon-stock-split-3-stocks-split-next/\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"BK4548":"巴美列捷福持仓","BK4554":"元宇宙及AR概念","BK4532":"文艺复兴科技持仓","BK4507":"流媒体概念","BK4534":"瑞士信贷持仓","BK4533":"AQR资本管理(全球第二大对冲基金)","BK4566":"资本集团","BK4535":"淡马锡持仓","BK4524":"宅经济概念","AMZN":"亚马逊","BK4559":"巴菲特持仓","BK4527":"明星科技股","BK4538":"云计算","BK4550":"红杉资本持仓","BK4579":"人工智能","BK4503":"景林资产持仓","BK4122":"互联网与直销零售","BK4551":"寇图资本持仓","BK4561":"索罗斯持仓","BK4581":"高盛持仓"},"source_url":"https://www.fool.com/investing/2022/03/13/alphabet-amazon-stock-split-3-stocks-split-next/","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2219022361","content_text":"Despite a mountain of economic data and earnings news over the past month, the biggest news for two popular FAANG stocks over the past five weeks was the announcement that they'd be enacting stock splits.First up was Alphabet (NASDAQ:GOOGL) (NASDAQ:GOOG), the parent company of internet search engine Google and streaming platform YouTube. Alphabet announced a 20-for-1 forward stock split that, as of the closing bell on March 9, would bring its share price down to around $133 (for the Class A shares, GOOGL). Shareholders still need to vote to approve the split, which is expected to take effect in mid-July.This past week, e-commerce giant Amazon (NASDAQ:AMZN) followed suit with a 20-for-1 forward stock split announcement of its own. Assuming it receives shareholder approval, Amazon's lofty share price will come down to around $139, based on its March 9 close. This will be Amazon's first stock split since September 1999.Image source: Getty Images.What you need to know about stock splitsStock splits have absolutely no effect on the operating performance of an underlying business. In other words, a company isn't going to sell more or less of its product or service just because a split is going to take place. Rather, a stock split is merely a way for publicly traded companies to alter their share price and outstanding share count without affecting their market value.As an example, Amazon shares are set to fall from around $2,785 to one-twentieth of their current per-share value -- around $139.25. However, every existing shareholder will receive 19 additional shares for each share they own. Instead of owning 1 share at $2,785, investors would have 20 shares at $139.25. Both work out to the same market value of $2,785, but the stock split mechanism allows for the share price and outstanding share count to be altered.Why enact stock splits? The simple reason is to make shares more affordable for retail investors. If you have $500 to invest and your online brokerage doesn't allow for fractional-share investing, you can't directly put your money to work in Alphabet or Amazon right now. But after their respective splits take effect, $500 would be enough to purchase a few shares of either company.Stock splits are also often indicative of a company that's performing well. Think of it this way: A publicly traded company's share price probably wouldn't be high enough to merit a split if it wasn't executing well and out-innovating its competition.With Alphabet and Amazon taking off following their respective stock split announcements, the three high-flying stocks below may be next to split their shares.A Tesla Model S charging. Image source: Tesla Motors.TeslaFor those of you who might not recall, electric vehicle manufacturer Tesla (NASDAQ:TSLA) was one of the first brand-name stocks to see its valuation launch higher after announcing a stock split. Tesla's 5-for-1 forward split announced in August 2020 saw the company's shares trade higher by more than 60% in the 20 days between the announcement and enactment of the split.One reason a stock split would make sense here is Tesla's share price. Although some folks have the luxury of purchasing fractional shares, other investors would be forced to save up $859 (as of March 9 close) just to buy a single share of Tesla. The company's previously announced 5-for-1 split occurred with shares at $1,374; that's well within sight given the range Tesla has been trading in this year, of about $800 to $1,200 a share.Another reason for Tesla to consider a stock split is that Elon Musk knows his audience. Even though institutional investors and insiders combine to hold more than 61% of outstanding shares, Musk is well aware that Tesla is a favorite holding of retail investors. To keep them happy and buying Tesla stock, Musk may be willing to encourage the company's board to approve another stock split. Doing so would allow investors with less starting capital to take a position in Tesla.Image source: Getty Images.AutoZoneIn February, after Alphabet announced its stock split, I believed Amazon would be the most logical company to next take the plunge. With Amazon following suit, the honor now gets bestowed on automotive replacement parts company AutoZone (NYSE:AZO). Investors have to go back almost 28 years to find the last time (April 1994) AutoZone enacted a stock split. A single share recently set investors back about $1,885, as of March 9.You might be wondering why AutoZone hasn't made its shares more affordable to retail investors who don't have access to fractional-share purchases. The answer seems to be tied to the company's mammoth share repurchases over the past 24 years.As I described last month, the company has been given a green light from its board of directors to make significant share buybacks since 1998. Including the recently reported fourth quarter, AutoZone has spent more than $28 billion repurchasing its stock over 24 years. Over that stretch, the company's outstanding share count has shrunk from 150 million to slightly below 20 million. I believe that AutoZone's board likes to highlight its progress in reducing the company's share count; a stock split, however, would nominally increase the share count. It's possible that AutoZone's board believes enacting a stock split would somehow obscure that buyback progress.Then again, with fewer than 20 million shares outstanding, AutoZone's ability to repurchase its own stock is shrinking. If the company wants to continue returning capital to shareholders via buybacks, a stock split may be necessary.Image source: Getty Images.BroadcomThe third high-flying stock that could follow in Alphabet's and Amazon's footsteps and split is semiconductor solutions giant Broadcom (NASDAQ:AVGO). Although Avago Technologies -- which acquired Broadcom Corp. in early 2016 and then named the combined entity Broadcom -- never split its shares, the original Broadcom did so on three occasions (1999, 2000, and 2006).There are a few good reasons for Broadcom to consider splitting its stock right now. First, as with the other companies on the list, Broadcom's share price is becoming prohibitively high for retail investors who don't have access to fractional-share purchases. Shares were near $600 last week and haven't dipped below $533 in over four months.Additionally, Broadcom hasn't been leaning on share buybacks. In fact, Broadcom's board only recently authorized a $10 billion share repurchase agreement. This is a company that's focused on boosting its dividend, innovating, and acquiring other companies, rather than buying back shares. In other words, it shouldn't have the same reluctance to split that I described above with AutoZone.A split would also make sense given that Broadcom's business is firing on all cylinders. Its backlog hit $14.9 billion in 2021, with CEO Hock Tan noting in December that the company's supply was already booked through 2022 and into 2023. Considering that chip shortages are persisting, Broadcom's share price has a very good chance of heading even higher.","news_type":1},"isVote":1,"tweetType":1,"viewCount":441,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0},{"id":9032050438,"gmtCreate":1647243260833,"gmtModify":1676534206955,"author":{"id":"4090479976934810","authorId":"4090479976934810","name":"ShaelD","avatar":"https://static.itradeup.com/news/0241239f6e7d4428f3cf48cade19e456","crmLevel":1,"crmLevelSwitch":0,"followedFlag":false,"idStr":"4090479976934810","authorIdStr":"4090479976934810"},"themes":[],"htmlText":"[Miser] ","listText":"[Miser] ","text":"[Miser]","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9032050438","repostId":"1165008790","repostType":4,"repost":{"id":"1165008790","kind":"news","pubTimestamp":1647241897,"share":"https://ttm.financial/m/news/1165008790?lang=&edition=fundamental","pubTime":"2022-03-14 15:11","market":"us","language":"en","title":"Expedia and TripAdvisor See Million-Dollar Insider Stock Buys","url":"https://stock-news.laohu8.com/highlight/detail?id=1165008790","media":"Barrons","summary":"Russia’s invasion of Ukraine, inflation worries, and higher energy prices have combined to cause one","content":"<html><head></head><body><p>Russia’s invasion of Ukraine, inflation worries, and higher energy prices have combined to cause one of the most volatile investing climates in quite a while.</p><p>So far this year, the Dow Jones Industrial Average, the S&P 500 index, and the Nasdaq Composite have all slipped into correction territory. That is, they are all more than 20% lower than recent highs.</p><p>With the stock market at lows, insiders have been snapping up shares relegated to the bargain bin, and recently that has included those of online travel agencies. Interestingly, Expedia Group (ticker: EXPE) has proven to be far more resilient than the broader market, slipping only 1% so far this year, while the S&P 500 is down 12%. Meanwhile, TripAdvisor (TRIP) stock is down 14% year to date. Nonetheless, both OTAs saw significant insider stock buys.</p><p>Expedia Vice Chairman and CEO Peter Kern paid $1 million on March 7 for 6,000 shares, an average price of $169.79 each, according to a form he filed with the Securities and Exchange Commission. Kern made the purchase through a living trust that now owns 130,937 Expedia shares.</p><p>Expedia didn’t respond to a request to make Kern available for comment. It’s his first open-market purchase of stock since he added the CEO title in April 2020. His last purchase of Expedia stock was in December 2019, when he paid $2.5 million for 23,070 shares, an average price of $108.33 each. Kern held only the vice chairman post at the time.</p><p>TripAdvisor Chairman Gregory Maffei has also caught the travel bug in terms of buying stock. He paid $1.1 million on March 4 for 50,000 shares, an average price of $22.38 each. Maffei now owns 92,448 TripAdvisor shares. Maffei also serves as Chairman and CEO of Liberty TripAdvisor (LTRPA), which holds a controlling interest in TripAdvisor.</p><p>TripAdvisor and Liberty TripAdvisor didn’t make Maffei available for comment. He has been a TripAdvisor director since 2013; the open-market purchase of TripAdvisor stock is his first on record, although he has bought Liberty TripAdvisor stock, most recently in 2019.</p></body></html>","source":"market_watch","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Expedia and TripAdvisor See Million-Dollar Insider Stock Buys</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nExpedia and TripAdvisor See Million-Dollar Insider Stock Buys\n</h2>\n\n<h4 class=\"meta\">\n\n\n2022-03-14 15:11 GMT+8 <a href=https://www.marketwatch.com/articles/expedia-tripadvisor-stock-buys-51647023122?mod=newsviewer_click><strong>Barrons</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Russia’s invasion of Ukraine, inflation worries, and higher energy prices have combined to cause one of the most volatile investing climates in quite a while.So far this year, the Dow Jones Industrial...</p>\n\n<a href=\"https://www.marketwatch.com/articles/expedia-tripadvisor-stock-buys-51647023122?mod=newsviewer_click\">Web Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"TRIP":"猫途鹰","EXPE":"Expedia"},"source_url":"https://www.marketwatch.com/articles/expedia-tripadvisor-stock-buys-51647023122?mod=newsviewer_click","is_english":true,"share_image_url":"https://static.laohu8.com/599a65733b8245fcf7868668ef9ad712","article_id":"1165008790","content_text":"Russia’s invasion of Ukraine, inflation worries, and higher energy prices have combined to cause one of the most volatile investing climates in quite a while.So far this year, the Dow Jones Industrial Average, the S&P 500 index, and the Nasdaq Composite have all slipped into correction territory. That is, they are all more than 20% lower than recent highs.With the stock market at lows, insiders have been snapping up shares relegated to the bargain bin, and recently that has included those of online travel agencies. Interestingly, Expedia Group (ticker: EXPE) has proven to be far more resilient than the broader market, slipping only 1% so far this year, while the S&P 500 is down 12%. Meanwhile, TripAdvisor (TRIP) stock is down 14% year to date. Nonetheless, both OTAs saw significant insider stock buys.Expedia Vice Chairman and CEO Peter Kern paid $1 million on March 7 for 6,000 shares, an average price of $169.79 each, according to a form he filed with the Securities and Exchange Commission. Kern made the purchase through a living trust that now owns 130,937 Expedia shares.Expedia didn’t respond to a request to make Kern available for comment. It’s his first open-market purchase of stock since he added the CEO title in April 2020. His last purchase of Expedia stock was in December 2019, when he paid $2.5 million for 23,070 shares, an average price of $108.33 each. Kern held only the vice chairman post at the time.TripAdvisor Chairman Gregory Maffei has also caught the travel bug in terms of buying stock. He paid $1.1 million on March 4 for 50,000 shares, an average price of $22.38 each. Maffei now owns 92,448 TripAdvisor shares. Maffei also serves as Chairman and CEO of Liberty TripAdvisor (LTRPA), which holds a controlling interest in TripAdvisor.TripAdvisor and Liberty TripAdvisor didn’t make Maffei available for comment. He has been a TripAdvisor director since 2013; the open-market purchase of TripAdvisor stock is his first on record, although he has bought Liberty TripAdvisor stock, most recently in 2019.","news_type":1},"isVote":1,"tweetType":1,"viewCount":480,"authorTweetTopStatus":1,"verified":2,"comments":[],"imageCount":0,"langContent":"EN","totalScore":0}],"lives":[]}
