A Bull Market Is Coming: 1 Stock-Split Growth Stock Up 65,610% in 20 Years to Buy Now and Hold Long-Term
Companies that consistently give strong financial performances often see steady share price appreciation, and that can eventually lead to a stock split. In that context, stock splits can help investors identify companies with sound fundamentals and a proven ability to create value for shareholders.
Hansen Natural is an excellent example. In 2002, the juice and soda company branched into energy drinks, and it sold those beverages under the brand name Monster. That decision was a stroke of genius in hindsight. The company has since changed its name to Monster Beverage (NASDAQ: MNST), and expansion into energy drinks led to such significant share price appreciation that the company has split its stock five times in the last 20 years, as detailed below:
Shares of Hansen Natural/Monster Beverage soared 65,610% over the last two decades, making it the best-performing stock in the S&P 500 (SNPINDEX: ^GSPC) during that time. For context, $5,000 invested in the company in December 2003 would now be worth nearly $3.3 million.
Source Fool.com
