Forget Nvidia: Billionaires Are Selling It and Buying These 2 Stock-Split Stocks Instead
At the moment, there's seemingly no hotter trend than artificial intelligence (AI). Utilizing software and systems in place of humans, and allowing these systems to evolve over time without human intervention in order to become more proficient at their tasks, gives AI a broad use-case that covers almost every sector and industry.
But what's arguably been an even more-trusted group of stocks for Wall Street and investors is companies enacting stock splits.
A "stock split" is an event that allows a publicly traded company to cosmetically alter its share price and outstanding share count by the same magnitude. I say "cosmetically," because stock splits don't alter a company's market cap or operating performance.
Source Fool.com
