AI Revolution Boosts Stocks

This is a news story, published by Yahoo Finance, that relates primarily to Costco Wholesale news.

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stock split

The Motley Fool

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Wall Street's Most Anticipated Stock Split of the 4th Quarter May Be Announced This Week

Summary

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78% Informative

A stock split is a tool public companies have at their disposal that allows them to superficially adjust their share price and outstanding share count by the same factor.

A little over a dozen high-profile stock splits have been announced or completed in 2024 , all but one of which is a forward split.

Costco Wholesale is set to report its fiscal fourth-quarter operating results after the closing bell on Sept. 26 .

Costco 's recipe for success begins with the advantage it possesses from its sheer size.

Being able to purchase products in bulk helps to lower the per-unit cost of each item.

Costco is also a consumer staples stock.

The $ 65 and $ 130 annual fees Costco collects from its members is high margin and flows straight to its bottom line.

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