These 7 High Priced Stocks Should Follow MasterCard (MA) and Split Their Stocks Too...
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Amid news after the close Tuesday that $763+ stock MasterCard (NYSE: MA) is spliting its stock 10-for-1, here are 7 other companies that should follow suit:
priceline.com (NASDAQ: PCLN) @$1,189/share should also do a 10-for-1 stock split
Google (NASDAQ: GOOG) @$1,085/share should also do a 10-for-1 stock split (The company actually tried to split 2-for-1 but the split was blocked by a shareholder lawsuit. The split, however, is still on the table but no date has been set).
Apple (NASDAQ: AAPL) @$566/share should do a 5-for-1 stock split (Mr. Icahn can you get on that?)
Amazon (NASDAQ: AMZN) @$388/share should do a 4-for-1 stock split
Netflix (NASDAQ: NFLX) @$363/share should do a 4-for-1 stock split
LinkedIn (NYSE: LNKD) @$237/share should do a 3-for-1 stock split
Tesla (NASDAQ: TSLA) @$142/share should do a 2-for-1 stock split
A stock split, of course, does nothing to change the fundamentals of a company. If you slice a pie in half you have two pieces that make the whole versus one piece, but it is still the same pie. On the other hand, stock splits can help improve liquidity and may bring out some marginal buyers in the stock.
A stock split, of course, does nothing to change the fundamentals of a company. If you slice a pie in half you have two pieces that make the whole versus one piece, but it is still the same pie. On the other hand, stock splits can help improve liquidity and may bring out some marginal buyers in the stock.
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