2 Stock-Split Stocks Soared 59% and 171% in the First Half of 2024. Could the Second Half Be Even Better?

Nvidia's stock has experienced a significant increase in 2024, with a rise of 171%. This growth can be attributed to the company's strong ties to artificial intelligence and the growing demand for its graphics processing units (GPUs) used in AI model training.

A stock split is a corporate action in which a company increases the number of its outstanding shares, consequently lowering the price per share. The purpose of a stock split is to make shares more affordable for smaller investors, increase liquidity, and potentially attract more investors due to the lower price per share.