BANK OF AMERICA: Buy these 24 companies that are most likely to split their stocks — a move that's historically led to a 25% return in the following 12 months

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BANK OF AMERICA: Buy these 24 companies that are most likely to split their stocks — a move that's historically led to a 25% return in the following 12 months

AP Photo/Richard DrewThe S&P 500 may see more lackluster returns with the Federal Reserve likely to keep rates higher.Individual stocks that undergo a split could outperform, according to Bank of America.Stocks trading above $500 per share are candidates for stock splits. With the S&P 500 already above many strategists' year-end price targets and the Federal Reserve looking increasingly likely to keep rates higher for longer, it's possible the i…