Will Costco Follow Walmart's Lead and Split Its Stock?
Walmart (NYSE: WMT) surprised many investors when it announced a stock split in late January. stock splits are most common when share prices are nearing over $1,000, not when a stock trades for around $175 (pre-split).
But Walmart gave a great reason for splitting its stock:
Sam Walton believed it was important to keep our share price in a range where purchasing whole shares, rather than fractions, was accessible to all of our associates.
Source Fool.com
Walmart Inc. Stock
€55.69
1.270%
With 52 Buy predictions and not a single Sell prediction Walmart Inc. is an absolute favorite of our community.
Based on the current price of 55.69 € the target price of 164 € shows a potential of 194.49% for Walmart Inc. which would more than double the current price.
