Excited About Walmart's Stock Split? Something Much Better Just Happened to Walmart Stock, and It's Not Being Talked About Nearly Enough.

Investors have gotten excited about Walmart's (WMT -0.54%) planned 3-for-1 stock split at the end of this month. When companies split their shares, it's usually an indication that management feels the company is in a growth phase. Stock-split stocks are usually industry leaders with proven track records, and there's some data to support the idea that stock-split stocks perform well over time. Stock splits themselves don't do anything for stocks other than split them into smaller pieces.However, something el ...