1 Stock-Split Stock to Buy Hand Over Fist in December, and 1 to Avoid Like the Plague
For much of the past four years, volatility has been a fixture on Wall Street. All three major stock indexes have bounced between bull and bear markets on a couple of occasions.
When short-term uncertainty arises, investors have a tendency to seek out time-tested businesses with a track record of outperformance. Although the FAANG stocks have been popular with investors for the past decade, it's stocks enacting splits that have fit the bill for the past two years.
A stock split is an event that allows a publicly traded company to cosmetically alter its share price and outstanding share count while having no impact on its market cap or operating performance. A forward-stock split makes a company's share price more nominally affordable for everyday investors, while a reverse-stock split increases a public company's share price, likely to ensure it maintains minimum listing standards on a major stock exchange.
Source Fool.com
