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Jim Cramer on Costco: “This One Is What You Buy in This Environment” [Yahoo! Finance]
Last costco wholesale corporation earnings: 3/5 04:15 pm
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US:NASDAQ Investor Relations: phx.corporate-ir.net/phoenix.zhtml?c=83830&p=irol-irhome
asked if the stock might experience further pullbacks given the current economic climate and the company's new CEO. Cramer replied: No, no, no. This one is what you buy in this environment. We see a lot of stocks doing quite badly, except for the chemical stocks and the oil stocks. And I want to put Costco in there and Walmart as two stocks of companies that you buy because those are representing a very difficult economic environment. That's what people think we've gotten because of the war. And Costco's going to be a big winner, and we stay long here for our Charitable Trust. And I like it more now than I have in a very long time. 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 recently discussed the analyst sentiment around the stock. You can read about
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NEWS
- Will $6 gas in California send Costco stock ripping higher? [Yahoo! Finance][Yahoo! Finance]
- Costco Wholesale (COST) had its "outperform" rating reaffirmed by Telsey Advisory Group. They now have a $1,125.00 price target on the stock.[MarketBeat]
- Costco Will Soon Open Its First Stand-Alone Gas Station to Members. Here's What Investors Need to Know. [Yahoo! Finance][Yahoo! Finance]
- Higher gas prices could spell recession risks to some US consumers [Yahoo! Finance][Yahoo! Finance]
- Could Buying Costco Stock Today Set You Up for Life? [Yahoo! Finance][Yahoo! Finance]
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COST
SEC Filings
SEC Filings
- 3/26/26 - Form SCHEDULE
- 3/13/26 - Form 4
- 3/13/26 - Form 4
- COST's page on the SEC website
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