Investors looking for potential stock-split stocks to turn a profit in the market should consider companies like Microsoft and Intuit. These companies have seen impressive share-price appreciation over the last seven years, with Microsoft soaring 541% and Intuit rising 437%. This growth makes them strong candidates for stock splits in the future.
Microsoft has seen significant growth in enterprise software and cloud computing, with a strong presence in office-productivity software and AI technology. The company reported solid financial results in the last quarter, driven by demand for cloud services. Wall Street analysts see Microsoft as a worthwhile investment, with a projected 22% upside from its current price.
Intuit specializes in tax preparation and accounting software, with popular products like TurboTax and QuickBooks. The company has shown strong performance in recent quarters, with revenue increasing and non-GAAP net income jumping. Intuit is also expanding into new markets, such as assisted tax preparation, to drive future growth. Analysts expect Intuit to grow earnings per share at 28% annually over the next five years.
Both Microsoft and Intuit have outperformed the S&P 500 in recent years, and Wall Street expects them to continue to do so in the future. Investors should consider these companies for long-term investment opportunities, whether or not they split their stocks. Ultimately, focusing on price appreciation and company growth potential is key for patient investors looking to profit in the market.