10 Jim Cramer Stocks to Watch Amid Trump Tariff Wars

4. Costco Wholesale Corp (NASDAQ:COST)

Number of Hedge Fund Investors: 75

Jim Cramer in a latest program on CNBC explained why Costco Wholesale Corp (NASDAQ:COST) will benefit from tariffs.

“Costco huge winner. Why? Because they have a club. The club status is to pass on anything. And then they still have the, and it’s still going to be cheaper. So we cannot lump all these together. We lump them initially. Costco is going to be down as much as Target, but then we have to come back and say maybe Target should stay down, but Costco should go up. So there’s like a secondary look at things.”

Aoris Investment Management stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its Q4 2024 investor letter:

“Firstly, I think we exercised good valuation discipline in our sales of Costco Wholesale Corporation (NASDAQ:COST) and Cintas. The share prices of these two companies had increased by more than 60% and 40% respectively in the year prior to our sale. It can be difficult as investors to remain objective and not ‘fall in love’ with an investment when it is performing well. A higher share price doesn’t make a business more valuable!

We sold both Costco and Cintas simply for reasons of valuation. These are exceptional businesses that we’d love to own again if valuation permits. Their sales allowed us to recycle portfolio capital into more attractively valued businesses.”