Wed, Jun 26, 2024 6:53 PM
Board announced 1:1 bonus share, 2:1 stock split & 25% interim dividend!
A Flip by Avya Verma
Vanguard offers three ETFs with significant exposure to top AI stocks: Vanguard Information Technology Index Fund ETF (VGT), Vanguard Mega Cap Growth Index Fund ETF (MGK), and Vanguard S&P 500 Growth Index Fund ETF (VOOG). These ETFs have low annual-expense ratios (0.1%, 0.07%, and 0.1%, respectively) and have delivered strong returns over the past five years (23.5%, 20.03%, and 16.59%.
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Nvidia's recent 10-for-1 stock split has made its shares more accessible to a broader range of investors, with the stock now trading around $120. However, the split didn't change the company's valuation. A more significant move is planned for the second half of the year: the launch of Nvidia's Blackwell architecture, which could be a game-changer in the AI chip market.
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Nvidia, a successful stock market performer in 2024, has completed a 10-for-1 stock split, which may be seen as an encouraging sign for investors. However, Fool.com contributors highlight that this split does not necessarily impact the company's underlying value. Meanwhile, The Motley Fool's Stock Advisor service has identified 10 stocks with potential for monster returns, excluding Nvidia.
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