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Missed Out On Tesla? My Best Stock-Split Stock to Buy And Hold

TheMotleyFool

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Missed Out On Tesla? My Best Stock-Split Stock to Buy And Hold

Stock splits don't do anything to increase the intrinsic value of a company. They merely break shares down into smaller pieces representing equivalent value. Tesla (NASDAQ: TSLA) stock gained 80% from the announcement of its 5-for-1 stock split in 2020 to its completion three weeks later, and the company's share price has continued to post explosive gains.