Stock-Split Watch: Is Intuitive Surgical Next?
Investors are always on the lookout for the next stock split -- for a couple of reasons. These operations that increase the number of shares and reduce the per-share price accordingly often make it easier to invest in a high-flying stock. And they also generally signal that management is confident about a company's future, with the idea that the stock has what it takes to soar once again from its new lower price.How do you identify the next potential stock-split company? It's generally one that's seen its stock soar in recent times, and sometimes these players have split their stock in the past, showing they're amenable to such operations.Today, one that could be next on the list is Intuitive Surgical (NASDAQ: ISRG), the world's leading robotic surgery company. Intuitive Surgical's shares have climbed nearly 200% over the past five years and now trade for about $600 apiece. But is Intuitive Surgical really ripe for a stock split? Let's find out.Continue reading
Investors are always on the lookout for the next stock split -- for a couple of reasons. These operations that increase the number of shares and reduce the per-share price accordingly often make it easier to invest in a high-flying stock. And they also generally signal that management is confident about a company's future, with the idea that the stock has what it takes to soar once again from its new lower price.
How do you identify the next potential stock-split company? It's generally one that's seen its stock soar in recent times, and sometimes these players have split their stock in the past, showing they're amenable to such operations.
Today, one that could be next on the list is Intuitive Surgical (NASDAQ: ISRG), the world's leading robotic surgery company. Intuitive Surgical's shares have climbed nearly 200% over the past five years and now trade for about $600 apiece. But is Intuitive Surgical really ripe for a stock split? Let's find out.
