Was Jim Cramer Right About Costco (COST)?
From Yahoo Finance: 2025-05-04 18:19:00
Jim Cramer discusses stock ownership in the US, challenging misconceptions that only the wealthy benefit from the market. He highlights the financial involvement of millions of ordinary Americans and criticizes affluent individuals for discouraging others from investing in stocks. Cramer emphasizes the importance of stockholders and the tax advantages of investing.
A list of 13 stocks discussed by Jim Cramer on Mad Money in May 2024 is compiled, with their performance analyzed until April 2025. Hedge fund sentiment for the stocks is included. The article focuses on examining Cramer’s previous opinions and their outcomes, without accounting for any changes in his views.
Costco Wholesale Corporation (COST) is praised for its stability and ‘basing’ pattern despite leadership changes. Cramer expresses bullish sentiment towards the retailer, predicting a positive outlook based on its performance. He also believes that Costco will benefit from Trump’s tariff regime, highlighting the company’s ability to pass on savings to customers.
COST ranks 5th on the list of stocks discussed by Jim Cramer, with a 38.35% increase since his comments. While acknowledging Costco’s potential as an investment, the focus shifts to AI stocks that offer higher returns in a shorter time frame. One such AI stock has shown growth in 2025, outperforming popular AI stocks that experienced a decline. Insider Monkey reports a promising AI stock trading at less than 5 times its earnings, making it cheaper than COST. For more information, check out their report on the cheapest AI stock available.
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