Published on 19 Jun 2024 on InvestorPlace · via Yahoo Finance

7 Stocks to Buy Before Their Upcoming Stock Splits

If you’re looking for stocks to buy before their stock splits, there are many things you need to keep in mind. Firstly, you should keep the fundamentals and valuations in mind before you dive in before a stock split. A stock split alone is unlikely to yield massive returns, and a lot of the news is priced in when the split is announced. That said, stock splits have caused a notable short-term price increase but also a decrease immediately after the stock split. Thus, you should do your own due diligence, as normal with any company that is about to undergo a stock split.

This doesn’t mean that you shouldn’t screen for stock split stocks. When a company does a stock split, it usually means they are seeing a lot of bullish momentum, likely correlated to strong fundamentals and a rosy outlook going forward. As such, these stocks could deliver strong returns going forward, and I’ll be discussing seven of these stocks in this article.

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