3 Top Stocks That Could Be the Next Stock Split
Investors appear enthusiastic about stock splits, even though a split does not change a business' value in any way. Still, stock splits tend to have two positive effects on stocks: One, they are evidence that a company has done quite well, and that management expects further price appreciation; otherwise its stock price wouldn't be high enough to split. Second, a split gives more retail investors without hundreds or thousands to invest at one time the ability to buy these stocks, provided they don't have brokerage accounts that already offer fractional share buying.
The stocks of Alphabet, Amazon, and Tesla all moved up after their recent stock split announcements, and other top tech stocks that have split in recent years have generally gone on to outperform.
It's therefore possible a stock split announcement would help the following high-priced stocks, each of which is a leader in a growing industry. That means they should make it onto your buy or watch list today.
Source Fool.com