This Stock-Split Stock Has Soared so Far in 2023 -- and Wall Street Thinks It Can Go a Lot Higher
You can read about some so-called "stock-split stocks" that conducted stock splits over a year ago. But the real stocks investors should watch are the ones that are splitting their stocks in the present, not the past.
(NASDAQ: AAON) is a great example. The heating, ventilation, and air conditioning (HVAC) solutions leader conducted a 3-for-2 stock split on Aug. 16, 2023. This stock-split stock has soared nearly 25% so far this year. And Wall Street thinks it can go a lot higher.
Stock splits are a relatively common occurrence for AAON. The company has conducted eight of them through the years, including a reverse stock split in 1993.
Source Fool.com