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Home / Business / Tesla Motors, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL) – Cramer says these 10 stocks need to follow Tesla, Apple lead and split

Tesla Motors, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL) – Cramer says these 10 stocks need to follow Tesla, Apple lead and split



In theory, a stock split doesn’t change company fundamentals, but the move will attract retail investors who are limited to low-value stocks, says Jim Cramer of CNBC said Wednesday on its “Mad Money” show.

New ‘group of investors’: Apple Inc. (NASDAQ: AAPL) CEO Tim Cook and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk got it right when they announced their respective stock split, Cramer said.

The host of CNBC said “price tags matter” to the younger generation and companies needing a young demographic of investors to be considered shareholders.

“We know what happens after the breakup,”

; he said. “This new group of investors who love low dollar stocks will start buying and holding these best names rather than adorable penny stocks.”

Mega-cap companies are “ignoring” small investors, and Cramer says it’s a mistake. After all, retail investors are typically “more stable shareholders” than hedge funds known for offering “no loyalty,” he said.

10 shares to split: Cramer’s list of 10 stocks that should be broken down to attract a larger number of investors includes:

E-commerce and retail giant Amazon.com, Inc. (NASDAQ: AMZN).

Google and its parent company YouTube Alphabet Inc (NASDAQ: GOOG) (NASDAQ: GOOGL).

Conventional fast food chain Chipotle Mexican Grill, Inc. (NYSE: CMG).

Video streaming company Netflix Inc (NASDAQ: NFLX).

Chip manufacturer Nvidia Corporation (NASDAQ: NVDA).

Play rapidly growing cloud Adobe Inc (NASDAQ: ADBE).

Businessman Costco Wholesale Joint Stock Company (NASDAQ: COST).

Retailer home improvement Home Depot Inc (NYSE: HD).

Social media giant Facebook, Inc. (NASDAQ: FB).

Tech giant and cloud company Microsoft Corporation (NASDAQ: MSFT).

Related Links:

Apple shares violated $ 400 after the technology giant announced a quarterly record, stock split

Musk has always been interested in ‘The Little Guy’ and the Tesla split shows: WSJ’s highest returns

© 2020 Benzinga.com. Benzinga does not provide investment advice. All Rights Reserved.


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