MarketWatch
By: Mark Hulbert
Would you be interested in a stock picking strategy that has beaten the stock market by 3.1 annualized percentage points over the last two decades? I thought so. …
… This market-beating performance shouldn’t come as a surprise, since a number of academic studies have reached a similar result. One of the first studies on Stock Splits was authored by David Ikenberry, a finance professor at the University of Colorado. Ikenberry believes the market-beating performance of stocks that have split their shares traces to a “sweet spot” in which the typical company likes to have its stock trade. …
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