12 Stocks to Buy That May Be Splitting Soon

4. Costco Wholesale Corp. (NASDAQ:COST)

Share Price as of March 17: $903.92

Surge in Share Price in 5 Years: 211.25%

Stock Split Confirmed: No

Number of Hedge Fund Holders: 96

Costco Wholesale Corp. (NASDAQ:COST) operates membership warehouses globally and offers an array of branded and private-label merchandise. It provides products ranging from groceries and electronics to apparel and home goods, alongside various services like gas stations, pharmacies, and online shopping.

Its Membership program is fundamental to its success. Paid household members reached 78.4 million in FQ2 2025, which was a 6.8% increase year-over-year. Cardholders totaled 140.6 million, which was up 6.6%. Executive memberships also grew to 36.9 million, which marked a 9.1% increase. These executive members now represent 47.1% of all paid members and contribute to 73.8% of worldwide sales.

A recent fee increase contributed about 3% to FQ2’s income, with the majority of the benefit expected in the next four quarters, peaking in FQ4 2025 and FQ1 2026. Costco Wholesale Corp. (NASDAQ:COST) maintains high renewal rates through value and service, expands executive memberships, and uses digital promotions and Asian expansion to gain new members. The end goal is to grow the membership base and improve the member experience through targeted messages and experiences.

Parnassus Core Equity Fund stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its Q2 2024 investor letter:

“Costco Wholesale Corporation (NASDAQ:COST) posted strong results for the third quarter of fiscal 2024, with a robust increase in net sales and strength in both U.S. and international markets. Bucking the trend of weakening demand for discretionary items that has pressured many other retailers, Costco reported growth in nonfood sales.”