5 Stocks That May Be Splitting Soon

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1. Broadcom Inc. (NASDAQ:AVGO)

Latest Market Capitalization: $573 billion

Split Officially Announced? No

Broadcom Inc. (NASDAQ:AVGO) is a semiconductor company that designs and sells connectivity chips. The surge in interest around A.I. has sent its shares soaring to $1,224 per share, implying that perhaps management might do a split particularly as the stock is up by 103% over the past year.

87 out of the 910 hedge funds covered by Insider Monkey’s Q3 2023 research had bought and owned Broadcom Inc. (NASDAQ:AVGO)’s shares. Ken Fisher’s Fisher Asset Management owned the biggest stake which came through its $1.7 billion investment.

Follow Broadcom Inc. (NASDAQ:AVGO)

Disclosure: None. You can also take a look at Cathie Wood’s Latest Stock Picks: 11 Biggest Positions and 13 Worst Rated Fast Food Restaurants in America According to Reddit.

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