11 Fresh Stocks Jim Cramer Talked About While Discussing AI-Led “American Renaissance”

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4. Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Holders In Q1 2025: 93

Costco Wholesale Corporation (NASDAQ:COST) is one of the largest retailers in America. It is also one of Cramer’s top retail stocks. The CNBC host has discussed the firm several times this year. During most of these appearances, he has maintained that Costco Wholesale Corporation (NASDAQ:COST), along with Walmart, can prove crucial in lowering prices for consumers. Cramer also believes that the firm’s scale can help it withstand any inflationary impacts in the economy. In his recent remarks, he maintained that Costco Wholesale Corporation (NASDAQ:COST) is the top stock in the retail space:

“I know you know people are cooling on this whole idea of, of anyone in that business. And I come back and I’m looking at Costco and I think Costco’s what you buy. But I’m a lonely voice in the wilderness right now.”

Previously, Cramer discussed Costco Wholesale Corporation (NASDAQ:COST)’s June sales:

“There was a lot of talk about Costco, same store sales, not great… Costco, which reported June monthly sales last night after the close, delivered 5.5% US comparable sales growth, ex gasoline, when the Street was looking for a 6. Woo, disappointing, right? How disappointing? How about enough to send the stock down almost 12 points today? Is that wrong or is that right? I think it’s wrong. I like Costco, the store, very much, and I’m always looking for a chance to buy Costco, the stock, on weakness for the Charitable Trust… And boy is it ever tempting if we didn’t own so much Costco already to do some buying.

Why? Well, Costco’s been a long-time position of the trust because I love to shop there, and I love the business model where the company offers a limited number of goods at ultra-low prices and makes its money on your membership dues. The most articulate defender of Costco was the late Charlie Munger, Warren Buffett’s right-hand man on the board of Berkshire Hathaway… To me, Costco’s hundred-point discount from its high is about as good as you’re going to get.”

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