3 Stock-Split Stocks Soared 2,909% to 4,121% in the Last 5 Years (Hint: Nvidia Ranks Third)
The Russell 1000 is similar to the S&P 500 in that both indexes track large U.S. companies. However, while the S&P 500 includes approximately 80% of domestic equities by market capitalization, the Russell 1000 includes about 93% of domestic equities, meaning it covers more of the U.S. stock market.
With that in mind, YCharts analyzed the Russell 1000 to identify the best-performing U.S. stocks during the five-year period that ended on June 30, 2024. Of course, artificial intelligence chipmaker Nvidia (NASDAQ: NVDA) ranked among the top three, but investors may be surprised by the other companies on the list.
It's worth mentioning that all three companies have announced stock splits during the past year.
Source Fool.com