This Magnificent Stock Has Tripled in Just 5 Years and It's Now Wall Street's Latest Stock-Split Company

When investors think of stocks that have tripled in the last five years, they're likely thinking of companies that are benefiting from hot trends like artificial intelligence (AI) or digital advertising. They're less likely to think of a brick-and-mortar retail chain like Tractor Supply (NASDAQ: TSCO). But Tractor Supply stock has indeed tripled in value over just the last five years.Tractor Supply is a magnificent company. Its quality has resulted in strong long-term stock performance. And that strong stock performance has brought it to a place where management has concluded it's time for a stock split.On Dec. 5, Tractor Supply's management announced plans for a 5-for-1 stock split, allowing it to join the ranks of other recent stock-split stocks such as Tesla, Nvidia, Chipotle Mexican Grill, and more. According to management, it's splitting its stock to make the price more accessible.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool