Alphabet’s just-announced 20-for-1 stock split is not the bullish omen that investors are making it out to be. There are two major arguments being given for why this stock split is bullish for the company (GOOG) (GOOGL) the parent of Google. A stock split used to be a bullish omen because it signaled that management was confident its stock would subsequently rise. Read More...
Motley Fool
Is Nvidia Stock Too Expensive?
Nvidia (NASDAQ: NVDA) share prices reached an all-time (split-adjusted) high of $346 in November after reporting another blockbuster quarter of earnings. In its fiscal 2022 third quarter (which ended Oct. 31), the graphics processing unit (GPU) specialist reported adjusted earnings growth of 60% year over year, driven by gains across its data center and gaming segments. The continued expansion of the data center industry will be key to that, since it’s the company’s fastest-growing and highest-margin business.
