Jim Cramer recently discussed Costco Wholesale Corporation (NASDAQ:COST) on a show where he praised the company for its ability to keep prices low despite inflation. Although shares are down, Cramer remains optimistic, calling Costco “the best buy in the industry.” Costco reported an 8.6% increase in October sales to $21.75 billion.

Cramer expressed disappointment in Costco’s performance but emphasized his long-term trust in the company, stating it is the longest-running stock in his charitable trust portfolio. He hopes to see improvement in consumer activity and less volatility in the data center sector.

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Read more at Yahoo Finance: Costco’s (COST) Been A Disappointment but I’d Never Sell It, Says Jim Cramer