Costco Wholesale Corporation (Cost) tomatoes are priced higher, says Jim Kramer
Recently released Jim Kramer recently discussed these 11 stocks and said the robots are coming. Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks Jim Kramer has recently discussed.
Costco Wholesale Corporation (NASDAQ: COST) is another favorite Jim Cramer Retail Stock. Like Peer Walmart, Kramer believes the company has taken an aggressive approach when it comes to lowering prices for inflation-rich consumers. Costco Wholesale Corporation (NASDAQ: COST) stocks have been 7.9% stake since the start of the year, despite concerns about the US economy and consumer conditions, as the size of the company creates a sense of security among investors. In his previous remarks, Cramer praised the company’s consistent revenues and the persistence of its initiatives after they were launched. This time he discussed Costco Wholesale Corporation (NASDAQ:COST)’s ability to lower prices.
“When it comes to inflation, .costco… I think they’re with people.”
Warehouse customers browse a wide range of brands and private label products in the aisle.
Cramer discussed the strength of the Costco Wholesale Corporation (NASDAQ:COST) in its previous appearance. Here’s what he said:
“Costco is friendly with former CFO Richard Garanti. And one of the things Costco said is that we don’t know we really have to do this (go into ecommerce). And they realize that we have to do that. For this reason, don’t forget that we can do it. But their model is volume.”
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Disclosure: None. This article was originally published Insider Monkey.