3 Stock-Split Stocks Billionaires Are Buying Hand Over Fist

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3 Stock-Split Stocks Billionaires Are Buying Hand Over Fist.In the world of finance, there are a few things that can move the market quite like a stock split. A stock split is when a company decides to divide its shares into smaller pieces, effectively increasing the number of shares outstanding while decreasing the price per share. This can make the stock more affordable for retail investors and can also increase liquidity.

In recent months, there have been a number of high-profile stock splits, and billionaires have been taking notice. Here are three stock-split stocks that billionaires are buying hand over fist:

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1. Tesla (TSLA)

Tesla is one of the most popular stocks among retail investors, and for good reason. The company has been a pioneer in the electric vehicle (EV) industry, and its stock has been on a tear in recent years. In August 2022, Tesla announced a 3-for-1 stock split, and the stock price more than doubled in the following months.

Billionaires have been buying Tesla shares hand over fist in recent months. In the third quarter of 2023 alone, four prominent billionaires purchased Tesla shares, including:

·         David Tepper (Appaloosa Management): 937,000 shares

·         Ken Fisher (Fisher Investments): 2,027,000 shares

·         Stephen Mandel (Lone Pine Capital): 4,750,000 shares

·         Leon Cooper (Omega Advisors): 1,281,000 shares

2. Alphabet (GOOG)

Alphabet is the parent company of Google, and it is one of the most valuable companies in the world. In July 2022, Alphabet announced a 20-for-1 stock split, and the stock price has been on an upward trend ever since.

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Billionaires have been buying Alphabet shares in recent months, including:

·         Bill Ackman (Pershing Square Capital Management): 1,800,000 shares

·         Jim Simons (Renaissance Technologies): 4,300,000 shares

·         Cliff Asness (AQR Capital Management): 6,000,000 shares

·         Stanley Druckenmiller (Duquesne Family Office): 8,000,000 shares

3. Amazon (AMZN)

Amazon is another one of the most valuable companies in the world, and it is also one of the most popular stocks among retail investors. In May 2022, Amazon announced a 20-for-1 stock split, and the stock price has been on an upward trend ever since.

Billionaires have been buying Amazon shares in recent months, including:

·         Warren Buffett (Berkshire Hathaway): 10,000,000 shares

·         David Tepper (Appaloosa Management): 1,800,000 shares

·         Ken Fisher (Fisher Investments): 2,500,000 shares

·         Stephen Mandel (Lone Pine Capital): 3,000,000 shares

Why Billionaires Are Buying Stock-Split Stocks

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There are a few reasons why billionaires are so interested in stock-split stocks. First, stock splits can make stocks more affordable for retail investors, which can increase liquidity and trading volume. Second, stock splits can make stocks more attractive to institutional investors, which can also drive up the price of the stock. Third, stock splits can be a sign that a company is doing well and is confident in its future prospects.

Conclusion

Stock splits are a common event in the stock market, but they can be a significant opportunity for investors. Billionaires are often the first to recognize the potential of stock-split stocks, and they are often quick to buy shares. If you are looking for promising investment opportunities, it is worth paying attention to stock-split stocks.

Disclaimer:

The information contained in this article is for informational purposes only and should not be considered as investment advice. Please consult with a qualified financial advisor before making any investment decisions.

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