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

Group 1 - Costco Wholesale Corporation (NASDAQ:COST) is considered a strong long-term investment, with the recommendation to buy shares gradually rather than all at once [1] - The company operates membership-based warehouses that offer a wide range of products, including groceries, appliances, electronics, apparel, and household goods, along with additional services like fuel stations and pharmacies [2] - The former CFO, Richard Galanti, played a significant role in maintaining low prices by instilling a strong sense of accountability among suppliers, contributing to Costco's reputation for value [2] Group 2 - Despite the positive outlook for Costco, there are suggestions that certain AI stocks may present greater upside potential and lower downside risk [2]