Jim Cramer on Costco: “It’s Been One of the Greatest Performers of All Time”

Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks Jim Cramer recently shed light on. During the episode, a caller asked the reason behind the stock’s “lackluster” performance despite the fact that the company seems to be executing well. In response, Cramer said: “Okay, well, first of all, let’s remember, long term, it’s been one of the greatest performers of all time. Second, what happens is, at 44 times earnings, the rest of the market sells at a much cheaper price. Periodically, it has the ...