Prediction: This Buzzworthy Stock-Split Stock Will Plunge by 50% (if Not More) Over the Next 12 Months

view original post

Since 1980, companies that have announced forward splits have vastly outperformed the benchmark S&P 500. Based on returns in the 12 months following a split announcement, the stock-split stocks have gained 25.4% versus 11.9% for the S&P 500 over the same span, according to Bank of America Global Research.