Reported 7 months ago
In 2024, seven high-flying stocks have undergone splits, but only one stock-split stock seems worthy of investment: Japan-based Sony Group. While other stock-split stocks like Nvidia, Lam Research, Amphenol, Chipotle Mexican Grill, and Walmart face challenges such as high valuations or competitive pressures, Sony Group stands out with a relatively low forward P/E ratio of 15, multiple growth catalysts, including its gaming division and image sensors segment, and the approval of a significant stock buyback program. The article offers insights on why Sony Group is the most appealing investment choice among the stock-split stocks of 2024.
Source: YAHOO