Reported 2 days ago
Costco's shares have reached over $1,000, leading some investors to speculate about a potential stock split, the first since 2000. The company's stock has increased by approximately 25% in the past year, making it one of the highest-priced stocks in the S&P 500. Despite the rarity of splits, Costco's management acknowledges the appeal of lower-priced shares for retail investors, especially amidst the growing availability of fractional shares. Analysts remain optimistic about Costco's future performance and potential catalysts, including the possibility of a stock split.
Source: YAHOO