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1 Suffering Stock-Split Stock to Buy Now and Hold Forever

TheMotleyFool

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1 Suffering Stock-Split Stock to Buy Now and Hold Forever

Nvidia (NASDAQ: NVDA) executed a four-for-one stock split on July 20 of last year, and shares of the graphics specialist have had mixed fortunes on the market since then. Initially, Nvidia enjoyed an impressive post-split rally. However, the sell-off in technology stocks has since sent Nvidia packing with its shares losing 44% of their value so far this year.

Yet, savvy investors should focus on the bigger picture. Nvidia's drop offers an enticing opportunity to buy a stock that could fly higher in the long run. Let's look at the reasons why this stock-split play is worth buying now.