Since 1980, companies that enact stock splits are typically up 25% a year after the split takes effect, according to research from Bank of America that was cited Monday on CNBC's "Fast Money Halftime Report."
Boston Private's Shannon Saccocia expects this statistic to hold true in the case of Amazon.com Inc (NASDAQ:AMZN), which began trading on a split-adjusted basis Monday following a 20-for-1 stock split. Yet her thesis doesn't have much to do with the split itself.
