1 Stock-Split Stock Risk-Averse Investors Should Love (Hint: It's Not Amazon or Tesla)
Investors haven't had much to get excited about this year. The major stock market indexes are all down. Rising interest rates have fueled worries about a potential recession.
Some investors, though, found a reason for at least a little enthusiasm with a few prominent companies conducting stock splits. Amazon (NASDAQ: AMZN), for example, conducted a 20-for-1 stock split in June. Tesla (NASDAQ: TSLA) followed up with a 3-for-1 stock split in August.
Neither of those stock splits served as impressive catalysts for the respective stocks. Investors who are wary about the broader market would understandably be reluctant to dip their toes in the water. But here's one stock that recently conducted a stock split that risk-averse investors should love. And it's not Amazon or Tesla.
Source Fool.com
