2 Top Stock-Split Stocks to Buy for 2024
Stock splits don't automatically boost a Stock -- but they still could help you pick out a top player to buy by pointing you toward companies with track records of success. Companies generally launch a split after performing well, with the idea that more growth lies ahead.
By offering current stockholders more shares, the company lowers the price of each individual share without touching overall market value. This makes the stock more accessible to a broader range of investors.
History shows us that investors haven't necessarily piled into stock-split players right away, so a split itself won't trigger gains. But over time, the companies that have been successful often continue to deliver when it comes to growth, and that makes them winners over and over again.
Source Fool.com
