Savvy investors are drawn to stock splits because they are often roundabout indicators of quality businesses. To elaborate, stock splits are only necessary after substantial share price appreciation, which rarely happens to bad businesses. In the past year, several artificial intelligence companies completed stock splits to reset their soaring share prices, as detailed below:
Arista Networks has returned 324% in the last two years. The company conducted a 4-for-1 stock split in…
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