2 Stock-Split Growth Stocks That Turned $4,000 Into $1 Million (or More) in Just 20 Years
Stock splits have no impact on business fundamentals like revenue or earnings, but they can cue investors in to potentially worthwhile investments. Stock splits are only necessary following sustained share price appreciation, and that rarely happens by accident. Instead, it often points to a business that is firing on all cylinders.
Several well-known companies have split their stocks in the past few years, including:
Every company on that list outperformed the benchmark S 500 over the past five years, but two stand out for exceptional outperformance over the past 20 years with returns of more than 30,000%.
Source Fool.com
