Posted 9/17/2023, 11:00:00 AM

Stocks Rebound in 2023 - Tech Giants With Recent Splits Seen as Buys

2022 was a rough year for stocks, but market has rebounded over 20% in 2023 - could signal start of a new bull market
Investors enthusiastic about stocks that recently split shares like Amazon, Alphabet, Shopify, Tesla, etc.
Splits preceded by strong performance, but don't change underlying company value
Alphabet stock cheap at 21x forward earnings given dominance in search, advertising, and cloud
Amazon stock cheap at 3x sales given leadership in e-commerce and cloud, with growth in advertising

fool.com

Relevant topic timeline:

8/22/2023

A Bull Market Is Coming: 2 Magnificent Stock-Split Growth Stocks to Buy Hand Over Fist and Never Sell

Wall Street has experienced a strong rebound in 2023, with major market indexes climbing at least 20% from their lows, leading to optimism about the beginning of the next bull market; investors are advised to consider buying Alphabet and Amazon due to their strong performance, dominance in their respective industries, and attractive valuations.

8/31/2023

2 Ultra-Growth Stocks That Are Leading the Market Recovery

Investors are bullish on the market in 2023, with the Nasdaq Composite up 30% and two leading ultra-growth stocks, Amazon and Apple, poised to benefit from improving market conditions and their strong positions in multiple industries.

8/31/2023

2 Stock-Split AI Growth Stocks to Buy Before They Soar 53% and 135%, According to Wall Street

Investors get excited about stock splits, which indicate a good business, and stocks like Nvidia and Alphabet are predicted to have substantial upside potential according to Wall Street analysts.

9/4/2023

1 Stock-Split Stock to Buy Hand Over Fist in September and 1 to Avoid Like the Plague

Forward stock splits have been a successful trend for high-flying companies like Alphabet, whose dominance in the search engine space, growth in ancillary operations like YouTube and Google Cloud, and historically cheap valuation make it a strong stock-split stock to buy, while semiconductor solutions specialist Nvidia faces potential challenges including competition, regulatory restrictions, and an unsustainable valuation.

9/8/2023

Google and Amazon Poised to Lead Next Bull Market as Stocks Recover

A bull market is expected to come after a bear market, and investors are advised to buy stock in Alphabet and Amazon, two companies that have recently split their stock and are likely to benefit in strong market times.

9/9/2023

Nvidia and Amazon Split Stocks, Double Down on AI with New Chips and Cloud Services

Nvidia and Amazon, both of which recently underwent stock splits, are positioned for long-term growth in the AI industry due to their focus on infrastructure and strong economic moats, with Amazon being the safer pick due to its diversified business model and cost-cutting efforts.

9/12/2023

Amazon, Carvana, Uber, GE Show Strength as Top Stocks Break Out

Amazon stock, Carvana, Uber Technologies, and General Electric are identified as stocks to watch in today's market as they have strong relative strength lines at new highs.

9/15/2023

Amazon Primed for Growth Despite E-Commerce Slowdown

Despite still being in a bear market, Amazon's stock is thriving in 2023 due to its acquisitions, strength in core activities, and attractive price, making it an opportune time to invest.