According to the Chinese calendar, 2024 is the "year of the wood dragon." For investors, though, this might be the "year of the stock splits." Several major companies have either already conducted stock splits or plan to do so over the next few weeks and months.

Historically, stocks tend to perform well after announcing stock splits. That's been generally true this year, with one stock delivering especially big gains. Here's the best stock-split stock of 2024 so far -- and it isn't even close.

(NYSE: WMT) kicked off the "year of stock splits" in January with its announcement of a 3-for-1 split. CEO Doug McMillon said the giant retailer decided to split its shares for the first time since March 1999 to make its stock more affordable for its associates. Walmart conducted the stock split after the market close on Feb. 22, 2024.

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Source Fool.com