We recently published Jim Cramer Discussed These 11 Stocks & Commented On A Market Reversal. Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks Jim Cramer discussed.
As is generally the case, Cramer ended up discussing Costco Wholesale Corporation (NASDAQ:COST) as he mentioned Walmart. Despite the fact that the retailer's shares have struggled recently, Cramer has continued to hold the stock for his charitable trust. In fact, he has gone as far as to comment that Costco Wholesale Corporation (NASDAQ:COST) is "one of the greatest performers of all time." Cramer has used the recent weakness in the shares to openly advise viewers to buy the stock. He remains a firm believer due to his opinion that Costco Wholesale Corporation (NASDAQ:COST) has played a key role in keeping prices low for consumers. In this appearance, he opined that the firm is the only company capable of questioning Walmart's dominance in the retail sector:
"But you look at their prices and you realize that no one can touch it [Walmart], other than Costco. And Costco has been unfortunately, my charitable trust owns it, not going in the right direction."
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Disclosure: None. This article is originally published at Insider Monkey.