Stock-Split Watch: 1 Retail Stock That Looks Ready to Split
Costco(COST) The Motley Fool·2024-10-30 22:19
It's near a four-figure price tag, and that might be the signal. Stock splits always create extra hype for a stock, and for good reason. A stock that is ready for a split has usually done quite well for itself, multiplying by many percentages to reach its inflated price. That's exciting. Costco Wholesale (COST -0.89%) stock has gained more than 220% over the past five years, seriously outperforming the market, and it's trading at nearly $900 per share, which could make it seem inaccessible to investors who ...