Tech Sell-Off: 1 Stock-Split Stock You’ll Wish You’d Bought on the Dip – The Motley Fool

It has a dominant market position, is growing revenue and profits briskly, and it’s selling at a bargain valuation.

Alphabet (GOOGL 3.79%) (GOOG 3.48%) has plans for a 20-for-1 stock split on July 15. While stock splits don’t affect the intrinsic value of a company in any way, they do create the perception for some retail investors that the stock is now more affordable and perhaps now within their price range to invest in. It also makes the stock a viable option for those investors who don’t have brokers offering fractional shares.

Separate from the stock split news, Alphabet has been caught up in the broader market sell-off in 2022. The tech giant’s stock price is down about 28% from highs hit in November.

The combination of the stock split (which creates a short-term bump in investor interest) and the price dip (which is likely to be temporary) is creating a great opportunity for long-term investors to get in on this tech growth stock at a reasonable price. Five years from now, I…

Read Full Story: https://www.fool.com/investing/2022/06/21/tech-sell-off-stock-split-wish-you-bought-dip/

The post Tech Sell-Off: 1 Stock-Split Stock You’ll Wish You’d Bought on the Dip – The Motley Fool first appeared on SEO, Marketing and Social News | OneSEOCompany.com.

source: https://news.oneseocompany.com/2022/06/21/tech-sell-off-1-stock-split-stock-youll-wish-youd-bought-on-the-dip-the-motley-fool_2022062122143.html

Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.