Stock Split Watch: 1 Magnificent Growth Stock Up 928% in 10 Years to Buy Now and Hold Forever
Stock splits are exciting. Not because they have any impact on the underlying business, but rather because they spotlight businesses whose shares have appreciated substantially. That rarely happens in the absence of financial fortitude, so Stock splits can helps investors suss out superior businesses.
Consider the following list of somewhat recent stock splits. Every company has some sort of competitive advantage, and every stock beat the S 500 over the last five years.
(NASDAQ: MELI) checks the same boxes, but the company has never split its stock, even though its share price appreciated 928% in the past decade.
Source Fool.com
Mercadolibre Inc Aktie
1.829,4 €
1,62 %
Uneingeschränkte Unterstützung für Mercadolibre Inc, ausschließlich Buy-Einschätzungen.
Das Kursziel von 1848 € für Mercadolibre Inc zeigt eine leichte Steigerung gegenüber dem aktuellen Kurs von 1829.4 € an.
