Costco (COST) “Should be Repudiated This Quarter,” Says Jim Cramer

Group 1 - Costco Wholesale Corporation (NASDAQ:COST) is favored by Jim Cramer despite a 4.8% decline in shares over the past year [2] - Analyst attention has been focused on Costco's membership renewal rates, with Guggenheim maintaining a Neutral rating and Telsey reiterating an Outperform rating with a $1,100 price target [2] - Mizuho upgraded Costco to Outperform and included it in its Top Picks list, citing high demand, lower costs, and top-line growth as key factors [2][3] Group 2 - Jim Cramer highlighted the long-term share price performance of Costco and discussed its renewal rates, noting that it sells at 43 times earnings [3] - Cramer expressed a mixed view, acknowledging short-term challenges while maintaining a long-term positive outlook on Costco [3]