8 Companies That Could Issue the Next Stock Splits

On March 9, Amazon announced that its board of directors had approved a 20-for-1 stock split, its first split since 1999, and the stock closed up 5.4% the next day. Companies may choose to split shares for different reasons, but they usually issue stock splits after extended periods of strong returns. Once a stock's share price gets high enough, even a single share can become too expensive for smaller investors. While stock splits don't create any inherent value, they increase liquidity and are usually bullish catalysts. Alphabet is another example of a stock that jumped following a recent stock split announcement, this one in February. Here are eight stocks recommended by CFRA Research analysts that could be the next to announce stock splits, as they all have high share prices and positive growth outlooks.

Booking Holdings Inc. (BKNG)
Markel Corp. (MKL)
Tesla Inc. (TSLA)
Equinix Inc. (EQIX)
BlackRock Inc. (BLK)
O'Reilly Automotive Inc. (ORLY)
Alleghany Corp. (Y)
ASML Holding NV (ASML)