Broadcom is the next big tech company to announce a stock split.After last week's data dump of inflation readings and the Federal Reserve's latest decision to hold interest rates steady, investors can take a deep breath before the next earnings season kicks off in just a few weeks.
Investors don't have to worry about chasing these stocks higher; they all have room to expand. And speaking of expanding, you'll find a biopharmaceutical company that lets traders ride the GLP-1 wave and may soon be the next $1,000 stock.Sometimes, investors need to be reminded to keep it simple. In the case of finding stocks to buy this summer, that means looking at Microsoft Corporation .
Investors have another reason to load up on the stock this summer: Broadcom will be conducting a 10-for-1 stock split. While stock splits don’t increase a company's valuation, they do make a stock like AVGO, which currently trades for over $1,700 a share, more accessible to retail investors, even if that accessibility is more psychological.) is one of the key names to watch.
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