Stock Split Watch: 2 Monster Growth Stocks Up 322% and 861% in 7 Years to Buy Now and Hold Long Term
Stock splits make a company's Stock more accessible by reducing the share price, but they can also cue investors in to buying opportunities. Namely, the company must be doing something right if its share price increased so substantially that a Stock split was necessary.
However, investors need not wait around for a split to take place. A more prudent strategy is to identify stocks that have performed well in the past and evaluate them as potential investments. For instance, shares of (NYSE: HUBS) and Mastercard (NYSE: MA) climbed 861% and 322%, respectively, over the last seven years.
Both companies qualify as stock-split candidates after those gains, but the stocks are worth buying whether those splits happen or not. Here's why.
Source Fool.com
