Stock Split Watch: Is Costco Next?
Costco (NASDAQ: COST) investors anxiously await the next earnings report. Investors may hope that release will bring a membership price increase, which has not happened in five years.
However, investors may want to focus on something that has not happened in 22 years -- a stock split. But they should understand the advantages and drawbacks of a split before deciding whether that would help Costco stock.
One does not have to extensively research Costco or its stock to see it as a stock split candidate. At over $500 per share, it is among the more expensive stocks in terms of nominal price.
Source Fool.com
