Stocks

2 Top Stock-Split Stocks to Watch for 2024: GOOG & AMZN

Published January 12, 2024

Investing in the stock market requires careful analysis and consideration of various factors influencing a company's performance and its stock value. While many investors meticulously track metrics like earnings growth, revenue performance, and market trends, some also take note of corporate actions such as stock splits. A stock split occurs when a company divides its existing shares into multiple ones to boost their liquidity and make them more affordable. It's commonly misunderstood that splits themselves enhance a stock's value, which isn't accurate. However, stock splits can draw our attention to potentially thriving companies worth investing in due to their underlying growth dynamics.

Alphabet Inc. (GOOG) - Pioneering Diversification and Growth

Alphabet Inc. GOOG, the parent company of Google, stands out as a major contender in technological innovation and market expansion. Established on October 2, 2015, through a restructuring, Alphabet has since been a beacon of growth and diversity in the tech sector. As of my knowledge cutoff in early 2023, they continue to be a heavyweight in terms of revenue and market value. With its strong portfolio of subsidiaries, Alphabet's resilience and consistent performance make it a compelling investment choice, especially in the light of any stock split that may increase its share accessibility to a broader range of investors.

Amazon.com, Inc. (AMZN) - A Behemoth in E-Commerce and Innovation

Amazon.com, Inc. AMZN is another industry giant that continues to redefine e-commerce, cloud computing, digital streaming, and artificial intelligence. Its status as one of the 'Big Five' in U.S. tech and its accolade as the world's most valuable brand speak volumes about its market influence and ongoing expansion. Amazon's capacity to innovate and penetrate various markets presents attractive opportunities for investors. Observing any future stock splits might provide a valuable entry point for those looking to tap into Amazon's growth trajectory and invest in a company with substantial influence and staying power in the economy.

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