W - A Bull Market Is Coming: 2 Surefire Stock-Split Growth Stocks to Buy Hand Over Fist Right Now and Never Sell
2023-09-17 07:00:00 ET
By all accounts, 2022 was something of a dumpster fire for many investors as the stock market plunged to levels not seen in more than a decade. So far this year, however, Wall Street has done an abrupt about-face, with each of the major market indexes climbing more than 20% from their respective troughs. This could mark the beginning of the next bull market, though some investors are waiting for the market indexes to notch new heights -- just to be sure.
One thing that hasn't changed is investor enthusiasm for stocks that split their shares, and many investors are turning to the Class of 2022 for inspiration. While stock splits don't change the underlying value of the company, they are typically preceded by a strong track record of robust performance, ultimately leading a company to split its high-priced shares. High-profile stock splits executed in 2022 include:
While the broader market recovery buoyed many of last year's big losers, there are still bargains to be had, even among this group of stalwarts. Here are two of these stock-split stocks investors should buy hand over fist right now and never sell.
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A Bull Market Is Coming: 2 Surefire Stock-Split Growth Stocks to Buy Hand Over Fist Right Now and Never Sell