This Costco Bull Thinks the Stock May Split

Key Takeaways - Oppenheimer analysts maintained an "outperform" rating on Costco Wholesale (COST) following strong December sales performance, citing potential catalysts such as a stock split [1][3] - Costco's adjusted U.S. comparable sales increased nearly 10% year-over-year in December, reinforcing its position as a top pick for analysts [2] - The analysts set a price target of $1,075 per share for Costco, above the consensus estimate of$1,047 from Visible Alpha [2] - Costco's combination of gold bars and a strong gift card assortment continues to resonate with consumers [2] - Costco shares have risen nearly 40% over the past year, closing at $927.37 on Wednesday [2][3] Stock Performance and Catalysts - Costco shares closed at$927.37 on Wednesday, reflecting a 41% increase over the past year [3] - A potential stock split is highlighted as a catalyst for Costco's shares, as high share prices often lead to splits to make them more accessible to retail investors [1][3] Sales and Consumer Appeal - Costco's December sales growth of nearly 10% year-over-year underscores its strong performance in the U.S. market [2] - The company's product offerings, including gold bars and gift cards, continue to attract consumer interest [2]