The market may see a new wave of stock splits, creating another growth catalyst for a market that wants to keep rallying, according to Strategas.
The median gain of a stock 65 days post-split is 4.1%, compared to the S & P 500's median 2.7% gain during the same period.
Stock splits do not change anything fundamentally about the company, but they generally make shares more attractive to the retail trader because of lower prices.
Here are the highest-priced stocks in the S & P 500 that Strategas thinks investors could benefit from if they split.
Another name on the list, pharmaceutical giant Eli Lilly , last announced a 2-for-1 stock split in September 1997.
Persons:
Jason Trennert, Trennert, Strategas, Jensen Huang, CNBC's Jim Cramer, Eli Lilly
Organizations:
Micro Computer, Nvidia, Broadcom, Costco Wholesale