Cramer Says Costco is a “Great Long-Term Hold”

Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks Jim Cramer recently discussed. Answering a caller’s query about the stock, Cramer said: “I think that Costco is a great long-term hold. There’s never been a moment where it’s cheap. And that is something that the late Charlie Munger talked about. He was on the board of Berkshire Hathaway. Never. So my belief is that you buy this slowly. You want to buy 50 shares? Buy 10 here. Wait for it to come down. I think it’s a great stock. Don’t buy it ...