This Stock-Split Stock Is Up 269% Over the Past 5 Years. Here's Why It's a Buy Today.

While stock splits are often celebrated, since they tend to come on the heels of large increases in a company's stock price, it's important to remember that stock splits don't meaningfully alter the fundamentals of a stock investment. By increasing the number of shares, the stock price is reduced in the same ratio, and all of a company's per-share performance metrics are also reduced. A shareholder is no better, or worse, off after a stock split than just prior to the transaction. In the case of Old Dominio ...