Jim Cramer praises Costco's business model and ability to navigate tariffs, hedge fund interest remains high.

From Yahoo Finance: 2025-03-29 09:55:00

Jim Cramer discusses President Trump’s tariff strategy and its impact on the stock market. Despite a recent selloff, Cramer believes Trump’s approach is yielding results, with companies moving production to the US. He also expressed skepticism towards China. Costco Wholesale Corporation (NASDAQ:COST) is up 2.8% year-to-date, but down 10.8% due to recession fears. Cramer praises Costco’s business model and its ability to navigate tariffs. COST ranks 11th on Cramer’s list of discussed stocks. For investors interested in AI stocks, there may be more promising options. Hedge fund interest in COST remains high, with 96 holders in Q4 2024.



Read more at Yahoo Finance: Here is Why Jim Cramer Likes Costco Wholesale Corporation (NASDAQ:COST) Stock