Jim Cramer on Costco: “I Think It Can Head to New Highs”

Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks on which Jim Cramer expressed his thoughts. A caller asked whether to buy, sell, or hold the stock, keeping the macro geopolitical situation in mind. Cramer said: I want you to hold Costco. We own it for the Club. I think it can head to new highs. I know that some people feel that the renewal rates weren’t up to snuff, but I would come back and say when gasoline has a sudden jolt up, that’s always been the time to buy the stock of Costco. I w ...