1 No-Brainer Stock-Split Stock to Buy With $200 and Hold for the Long Term
Good companies tend to create lots of value over the long term, which can drive their stock price into the hundreds or even thousands of dollars. That makes it difficult for retail investors to buy into the story unless they use a broker which offers fractional shares.A stock split can remedy that by increasing the number of shares a company has in circulation, which reduces its price per share proportionately. The maneuver is purely cosmetic, so it doesn't change the value of the underlying company, but it can make the stock more accessible to small investors.Palo Alto Networks (NASDAQ: PANW) is the world's largest cybersecurity company, and it executed a 2-for-1 split on Dec. 13. It increased the number of shares in circulation twofold and organically cut the company's stock price in half. It was the cybersecurity giant's second split in two years, which highlights how much value it's creating for shareholders. Continue reading
Good companies tend to create lots of value over the long term, which can drive their stock price into the hundreds or even thousands of dollars. That makes it difficult for retail investors to buy into the story unless they use a broker which offers fractional shares.
A stock split can remedy that by increasing the number of shares a company has in circulation, which reduces its price per share proportionately. The maneuver is purely cosmetic, so it doesn't change the value of the underlying company, but it can make the stock more accessible to small investors.
Palo Alto Networks (NASDAQ: PANW) is the world's largest cybersecurity company, and it executed a 2-for-1 split on Dec. 13. It increased the number of shares in circulation twofold and organically cut the company's stock price in half. It was the cybersecurity giant's second split in two years, which highlights how much value it's creating for shareholders.
