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Home / Business / Tesla Motors, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL) – Cramer Says These 10 Shares Must Follow Tesla, Apple Leadership and Split

Tesla Motors, Inc. (NASDAQ: TSLA), Apple Inc. (NASDAQ: AAPL) – Cramer Says These 10 Shares Must Follow Tesla, Apple Leadership and Split



A stock split does not change a company’s principles in theory, but the move will attract retail investors who were otherwise limited to low-dollar stocks, CNBC’s Jim Cramer said Wednesday at his show “Money crazy “.

New ‘Investor Group’: Apple Inc. (NASDAQ: AAPL) CEO Tim Cook and Tesla Inc (NASDAQ: TSLA) CEO Elon Musk got it right when they announced their share split, Cramer said.

“Stock tagging” matters “to the new generation, and companies need the new demographic investor group to be counted as shareholders, the CNBC host said.

“We know what happens after the split,”

; he said. “This new group of investors, those who want low-dollar stocks, will start buying and holding these breed names better than stained penny stocks.”

Mega-cap companies are “ignoring” the small investor, and Cramer said doing so is a mistake. After all, retail investors are often “more stable shareholders” compared to hedge funds known for providing “no-fidelity,” he said.

10 shares to share: Cramer’s list of 10 stocks to be split to attract a wider investor base includes:

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

Parent company Google and YouTube Alfabeti Inc (NASDAQ: GOOG) (NASDAQ: GOOGL).

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

Enterprise with video Netflix Inc (NASDAQ: NFLX).

Chip manufacturer Nvidia Corporation (NASDAQ: NVDA).

Game with rapid growth in the clouds Adobe Inc (NASDAQ: ADBE).

wholesaler Costco Wholesale Corporation (NASDAQ: COST).

Retailer for home improvement Home Depo Inc (NYSE: HD).

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

Giant technical and cloud company Microsoft Corporation (NASDAQ: MSFT).

Related Links:

Apple shares break $ 400 as tech giant announces record quarter, Split Shares

Musk Always Takes Care of ‘Little Guy’ And Tesla Shares Split Shows That: WSJ Higgins

© 2020 Benzinga.com. Benzinga does not offer investment advice. All rights reserved.


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