Stocks

Billionaire-Endorsed Stock-Splits: Spotlight on Nvidia, Amazon, Tesla Going into 2024

Published December 26, 2023

Introduction

As the investment community prepares for 2024, a select group of stocks that have undergone splits continues to draw significant attention from savvy investors. Among these, Wall Street's elite money managers are honing in on three industry leaders that have shown substantial promise and growth potential. Particularly, stocks like Alphabet Inc. GOOG, Amazon.com, Inc. AMZN, and Tesla, Inc. TSLA have become the jewels in the crown of forward-thinking billionaire investors.

Alphabet Inc. - An Industry Titan

Alphabet Inc. GOOG stands out as a colossal presence in the technology sector. Created in 2015 through the restructuring of Google, Alphabet serves as the umbrella corporation for Google as well as various other subsidiaries. Under the strategic leadership of its original co-founders, Alphabet has secured its position as the fourth-largest tech company by revenue globally, reflecting a remarkable story of innovation and market dominance.

Amazon.com, Inc. - A Diversified Giant

Another beacon of billionaire investor interest is Amazon.com, Inc. AMZN. As a pivotal force in e-commerce, cloud computing, digital streaming, and AI, Amazon is celebrated as one of the Big Five in the U.S. information technology industry. Its far-reaching influence across both economic and cultural landscapes, coupled with its status as the world's most valuable brand, makes it a hotbed for investment consideration.

Tesla, Inc. - Leading the Electric Revolution

The final name on this elite list is Tesla, Inc. TSLA, the pioneer of the American electric vehicle and clean energy industry. With a robust product line of electric cars, energy storage systems, and solar solutions, Tesla has taken a significant share of the plug-in and electric car markets. It's not merely about vehicle production for Tesla; through Tesla Energy, they have become a major force in the global supply of solar photovoltaic and battery storage systems.

Conclusion

The allure of GOOG, AMZN, and TSLA for billionaire investors heading into 2024 is clear. These stock-split stocks stand as towering figures in their respective industries, with each company continually pushing the boundaries of their markets. As these giants pave the way with innovative solutions and groundbreaking technologies, they remain the preferred choice for investors with an eye on solid, future-proof investments.

investment, billionaires, stocks