3 Unstoppable Stock Split Stocks to Buy Right Now
When a super-successful company's shares skyrocket, investors cheer. But at a certain point, some start wishing the stock price were just a bit lower. Why? Because an extremely high price makes it difficult for some investors to get in on the shares. But, of course, no one wants the stock to actually decline.
The solution is a stock split. The company lowers the price of each individual share -- but offers current investors more shares. The company's market value and the total value of each investor's holding remains exactly the same. And the movement opens up the investment door to a broader range of individuals. It's a win-win situation. Why buy companies that have done or plan a stock split? Because the need for a split usually means business has been booming. Let's check out three such stocks you may want to add to your buy list.
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Source Fool.com