Jim Cramer discussed Costco Wholesale Corporation (NASDAQ:COST) as one of his top stock picks. Despite a 2.7% decrease in share value over the past year, the stock is up by 11.5% year-to-date. Analysts predict Costco could benefit from $75 billion in tax refunds in 2026. Mizuho raised the share price target to $1,000.

Cramer expressed disappointment in Costco’s recent share price performance, hoping for a higher bounce. While COST is seen as a good investment, some believe AI stocks offer greater potential for returns with lower risk. For those interested in AI stocks, a free report on the best short-term AI stock is available.

Looking ahead, investors may want to explore 30 stocks that are expected to double in 3 years, along with 11 hidden AI stocks currently worth buying. This article was originally published on Insider Monkey’s website.

Read more at Yahoo Finance: Costco Wholesale Corporation (COST)’s “Been a Good Bounce,” Says Jim Cramer