ALIMENTATION COUCHE-TARD $29.82 - Toronto symbol ATD.B

ALIMENTATION COUCHE-TARD $29.82 (Toronto symbol ATD.B: TSINetwork Rating: Extra Risk) (1-800-361-2612; www.couche-tard.com; Shares outstanding: 538.2 million; Market cap: $17.1 billion; Dividend yield: 0.4%) has split its shares on a 3-for-1 basis.

When a company’s stock price goes up, it has an incentive to split the stock to make it seem cheaper to investors, who may then buy more. This can make the stock more liquid than if it refrained from splits and let its share price go to uncommonly high levels.

Alimentation Couche-Tard is a buy.

A professional investment analyst for more than 30 years, Pat has developed a stock-selection technique that has proven reliable in both bull and bear markets. His proprietary ValuVesting System™ focuses on stocks that provide exceptional quality at relatively low prices. Many savvy investors and industry leaders consider it the most powerful stock-picking method ever created.