1 Superb Stock-Split Stock to Buy Hand Over Fist in April and 1 to Avoid
A recent pullback in a rapidly growing tech stock offers opportunistic investors a solid deal, while a key player in the artificial intelligence (AI) revolution has a lot to prove.
For much of the last two-and-a-half years, optimists have been holding the reins on Wall Street. Since bottoming out between late September and mid-October 2022, the Dow Jones Industrial Average, S&P 500, and Nasdaq Composite have all gone on to respectively reach multiple record-closing highs.
Although the heart of this rally lies with the rise of artificial intelligence (AI) and its seemingly limitless long-term ceiling, don't overlook the role stock-split euphoria has had on the investing community.
A stock split is a mechanism that allows publicly traded companies to alter their share price and outstanding share count, all without having any impact on their market cap or underlying operating performance. These purely cosmetic moves come in two varieties.
