Reported 1 day ago
This week, Sony Group is set to execute its first stock split in 24 years, transitioning to a 5-for-1 split that will lower its share price to approximately $19. As interest in AI companies like Nvidia and Broadcom has captured Wall Street's attention this year, Sony's split positions it as an attractive investment in a tech sector characterized by higher valuations. Given its strong sales in gaming, music, movie sectors, and robust growth in image sensor solutions, Sony is poised for potential upside as it expands its offerings and repurchases shares, making its stock appealing to long-term investors.
Source: YAHOO