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 want you to, with those in mind, I just want you to hold it. The spike up big in Costco stock means that we’ve actually got to wait for a little bit of a pullback before we buy more.

Costco Wholesale Corporation (NASDAQ:COST) operates membership warehouses and provides groceries, fresh food, household goods, electronics, and more. In addition, the company offers various services through pharmacies, gas stations, optical centers, and e-commerce options. We mentioned the company while discussing the best stocks that will always grow. You can read about it here.

While we acknowledge the potential of COST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.

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