If I Could Buy Only 1 Stock-Split Stock, This Would Be It
I don't get overly excited about stock splits. Sure, I think they serve a useful purpose. Some investors aren't going to buy a stock if its price is too high. However, buying a stock is investing in a business. Stock splits change nothing about a company's underlying business.
Having said that, I do like several stocks of companies that have conducted stock splits this year. But if I could buy only one stock-split stock, this would be it.
There have been several notable stock splits on the calendar in 2022. Some involved stocks that I already own, including Amazon and Brookfield Infrastructure. Others involved stocks that I don't own but think have excellent growth prospects. DexCom and Shopify especially stand out on that list.
Source Fool.com
