Here's the Favorite Stock-Split Stock for the World's 10 Richest Billionaire Hedge Fund Managers
Billionaire hedge fund managers consider many variables when deciding which stocks to buy. Financial strength, growth prospects, management, and valuation definitely make the list.
But there's one thing they probably don't think about that is on the minds of many retail investors: stock splits. One of the top reasons for stock splits is that they make shares more affordable for investors. However, billionaires don't worry about being unable to buy a stock with a high share price.
That said, these wealthy investors sometimes still like stocks that have undergone or plan to split their shares. Here's the favorite stock-split stock for the world's 10 richest hedge fund managers.
Source Fool.com