Well if COSTCO split their shares the 4th times most retail investors like MUST definitely park some money in it. The company has split its stock three times in its history, with the most recent split occurring in 2000.
However, there are also some reasons why Costco might not consider a stock split. One reason is that the company has a strong track record of growth. Costco has been growing its revenue and earnings consistently for many years. This growth has made the company's stock price attractive to investors, even at its current high price.
Another reason why Costco might not consider a stock split is that the company is not facing any major challenges. Costco is a well-run company with a strong financial position. It is not facing any major threats to its business, so there is no need for the company to take any drastic measures, such as a stock split.
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Two 12-Packs of Bud Light at Costco for $15, with The Star of Death on the SKU. I would love to be a fly on the wall in the Anheuser-Busch board room when they discuss what it’s costing them to be stupid.
Why was Costco up so much today? Is it because they are cracking down on shared memberships so revenue should go up with lots of new signups?
40 times earnings? Nothing surprising anymore. 25% of sales is gasoline. what kind of earnings multiples are gas stations getting these days (12-15)?
another short squeeze from an insanely valued company
just got in last week at 96$ 🥲