Buying These Stock-Split Stocks Would be a Genius Move
A stock split in and of itself isn't a reason to buy or sell a stock. These maneuvers don't necessarily boost a company's valuation right away, either. Still, they do tend to draw attention from investors. That's because they lower the individual share prices of stocks that have soared to a high level, which makes it a bit easier for a wider range of investors to get in on the action.
So when the opportunity to buy shares at a more accessible price presents itself, it's worth looking at the rest of the picture. And if things look good, it may be time to invest. That's the case for these three companies that have completed stock splits in recent months.
Amazon (NASDAQ: AMZN) is a leader in e-commerce and cloud computing. The retail e-commerce market grew by about 16% last year, according to Statista, while the researchers at Gartner say cloud computing soared more than 41%. So the company is in a great position in two high-growth areas.
Source Fool.com
