1 Stock-Split Stock to Buy Hand Over Fist in October and 1 to Avoid
When volatility and uncertainty rule the roost on Wall Street, investors often seek out industry-leading, time-tested businesses with a rich history of outperforming the broader market. Since July 2021, companies enacting stock splits have been at the top of the list.
A stock split is an event that allows a publicly traded company to alter both its share price and outstanding share count while having no impact on its market cap or operating performance. Consider it a purely cosmetic change designed to make a publicly traded company's shares more nominally affordable, as with a forward-stock split, or to increase a public company's share price to ensure it meets the minimum listing standards for a major stock exchange, as with a reverse-stock split.
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Source Fool.com
