Walmart Leads Pack of Hot Stocks Primed for Splits
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Walmart enacted a 3-for-1 forward stock split, making shares more accessible for employees and investors.
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Meta Platforms is a strong candidate for a stock split given its high share price, growth potential in digital ads and metaverse/AI, and huge cash reserves.
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Chipotle shares have soared since its IPO and the company keeps innovating with things like Chipotlanes while relying on quality ingredients.
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Broadcom is tied to hot growth areas like AI and 5G phones and has a big backlog of orders giving it predictable cash flows.
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Other recent stock split stocks include Amazon and Alphabet, but Walmart, Meta Platforms, Chipotle and Broadcom seem primed to follow.