Jim Cramer on Costco: “It’s Time to Start Buying the Best Retailer on Earth”
Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks Jim Cramer shared his take on. Cramer highlighted the stock’s return compared to the S&P over the last two decades. He stated: “Costco’s stock got crushed today, down more than $27 for what I think is actually a pretty silly reason. Its membership increased in the quarter, but not as much as the market anticipated… It didn’t matter that the sales and earnings and same-store sales were all better than expected… The thing is, Costco’s membershi ...