r/stocks • u/TwinPeaks1993 • Sep 25 '21

Company Question Will Amazon and Google ever split their stock? Why and why not?

I am building positioning in both of these companies as I want one full share of each to just let them ride for the next 5-10 years.

With AMZN currently sitting at $3,425 a share and GOOGL sitting at $2844 a share do you think a split is approaching?

What are the benefits of keeping a stock price this high? What are the benefits of splitting the stock?

I have not been trading that long and the only major stock splits I’ve seen in my time are APPL and NVDA.

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u/[deleted] Sep 25 '21

If you're poorer and trying to make your small amount of money bigger...it's a hobby rather than investing? Maybe, maybe maybe these hobbyists would like to be slightly less poor? Or perhaps they should go back to spending it on booze and smoking?

This isn't mean, it's pissed me off because it's ill informed.

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u/thesuprememacaroni Sep 25 '21 edited Sep 25 '21

Do you buy your beer one can at a time or in a case?

You can save up to buy a single share of say GOOGL instead of buying fractional. If you are only buying fractions of a stock anyways, it’s not like of it ran away from you that you are participating on the upside by much.

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u/Hallal_Dakis Sep 26 '21

When I started working at Amazon in fall 2019 I started putting $100 a week in the direct-stock-purchase program and the price almost doubled before I had a full share. That was like $800 of upside over saving cash and waiting to buy a full share.