Prediction: These Stock-Split Stocks Will Lead Gains in the Next Bull Market
Last year was a big year for stock splits. Some of the world's most well-known companies have seen their stocks soar into the thousands of dollars per share in recent years. The move to split a stock doesn't change a company's market value -- but by offering more shares to current holders, it lowers the price of each individual stock. That makes the shares more accessible for a broader range of investors.
The move is positive for another reason too. It shows a company has confidence in the ability of its shares to embark on another wave of gains. Two of last year's stock split companies have climbed in the double digits this year. And I predict they also will lead gains in the next bull market. Let's check them out.
Rising inflation has presented a big challenge for Amazon (NASDAQ: AMZN). The e-commerce giant saw its costs soar -- and its customers these days generally have less money to spend. As a result, Amazon last year reported its first annual loss in nearly a decade.
Source Fool.com
