Jim Cramer Says “I Want You to Stay With Costco, I Still Like It”

Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks Jim Cramer answered questions about. A caller inquired after Cramer’s current thoughts on the stock and if the stock valuation is too “rich” to get back into. He commented: What a great question. Okay… my concern about Costco, which we’ve owned pretty much for as long as I have the Charitable Trust, you know my concern was that it was selling at 50 times earnings. The highest it ever really trades at is 47. The numbers are coming through, tho ...