‘Chipotle’ (CMG) Hasn’t Done That Well After The 50-to-1 Stock Split. What Does That Bode For AVGO (‘Broadcom’)?

by Anura Guruge
on July 9, 2024

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Click to ENLARGE. Base chart from ‘MarketWatch‘ (of course, of course).

NVIDIA‘ (NVDA), the AI darling, by comparison has done quite well — but NVDA has been gravity-defying for the last year. But, it did NOT go crazy after the split.

Click to ENLARGE. Base chart from ‘MarketWatch‘.

2024 YTD comparison of NVDA, AVGO, AMZN and CMG.

NVDA, of course, is the run-away start. AVGO has done OK, but pales in comparison. AMZN has done OK but nothing to get too excited about.

CMG has fared the worst, BUT this will change over time — especially if the earnings keep on impressing.

Click to ENLARGE. Base chart from ‘MarketWatch‘.

So, AVGO splits this weekend. Will be interesting to see how it does.


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