Is the resurgence of stock splits a hint of what’s to come in 2024? High-profile companies are diving into the trend, making their shares more accessible to the masses. While a stock split doesn’t change the company’s value, it signals strong financial performance and growth potential. Let’s delve into the two companies that Wall Street analysts believe have significant upside.
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Nvidia: Implied upside 59%
- Dubbed as the gold standard in graphics processing units, Nvidia has seen a surge in its business driven by generative AI. Its GPUs are likened to the picks and shovels during the gold rush, essential tools for the AI revolution.
- The company’s recent financial results are nothing short of impressive. Revenue soared by 262% in the first quarter of fiscal 2025, with earnings per share jumping by 629%.
- With a 10-for-1 stock split completed and strong analyst support, Nvidia’s stock looks poised for further growth. Analysts predict potential gains of 59% in the near future.
- Celsius Holdings: Implied upside of 75%
- Celsius Holdings, a key player in health-centric energy drinks, has been making waves in the industry. It’s the third-largest energy drink brand, experiencing rapid growth that outperforms key competitors.
- Revenue growth of 37% year over year and a significant increase in diluted EPS demonstrate Celsius’ robust financial performance.
- The company’s partnership with PepsiCo has led to a substantial investment and long-term distribution agreement, positioning Celsius for continued success.
- Despite recent stock market fluctuations, Wall Street remains bullish on Celsius Holdings. Analysts forecast potential gains of 75%, advising investors to look beyond short-term volatility.
With the potential for substantial returns on investments in companies like Nvidia and Celsius Holdings, there’s an opportunity for investors to capitalize on emerging trends. Don’t miss out on these growth prospects that could yield significant rewards in the future.
