Costco(US:COST) Investor Place·2024-07-23 10:21Stock Splits and Market Impact - Stock splits generate excitement among investors, leading to increased market cap despite not inherently increasing company value [1] - Companies like Amazon, Chipotle, Nvidia, and Broadcom have seen increased investor interest following stock splits [1] Costco (COST) Performance - Costco is a potential candidate for a stock split, trading above $800/share, with shares up 29% year-to-date and nearly tripling over the past five years [2] - The company reported a 6.9% year-over-year increase in net sales for the first 44 weeks and a 5.3% increase in comparable sales for June [3] Meta Platforms (META) Growth - Meta Platforms has seen a 38% increase in shares year-to-date and a 140% increase over the past five years, with revenue up 27% year-over-year and net income up 117% year-over-year [4][5] - The company has focused on shareholder returns through stock buybacks and dividends, indicating a potential for a stock split [5] Microsoft (MSFT) Financials - Microsoft has a history of stock splits, with the last occurring over 20 years ago, and currently trades above $400/share, up 18% year-to-date and 220% over the past five years [6] - The company reported a 17% year-over-year revenue growth in Q3 of fiscal 2024, with cloud revenue growing by 23% to reach $35.1 billion [6][7] - Microsoft returned $8.4 billion to shareholders through stock buybacks and dividends in the latest quarter [7]