The Apple and Tesla Stock Split Game Is for Short-Term Investors Only
Apple (NASDAQ: AAPL) and Tesla (NASDAQ: TSLA) made waves recently when both big-name companies announced stock splits.
In the weeks between the announcement and the day before they began trading at split-adjusted prices, Apple shares surged 30% while Tesla's got a shocking 61% bump. These impressive gains may have investors asking two big questions: Should you buy Apple and Tesla shares in the wake of the split and, if other high-profile companies such as Amazon or Alphabet announce splits in upcoming weeks, is it smart to buy in?
The answer: It depends on your investing goals.
Source Fool.com