8 Stocks on Jim Cramer’s Radar

2. Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Holders: 93

When a caller asked Cramer which is a better investment right now, Walmart or Costco Wholesale Corporation (NASDAQ:COST), Cramer remarked:

“Okay, Costco’s about to report tomorrow, and I think that no matter how good the quarter is, the stock will sell off because that’s been the pattern now for the, I’d say, the majority of quarters. That’s just the way it is. So therefore, I’m going to tell you, take that gun away from my head when it comes to Costco. I like Walmart very, very much. Buy Costco after it declines, if it does go down, because Costco is actually on fire. It’s just that they tell you how each month’s going to be already, no surprises there, and people just say, I’m bored by the boredom.”

Costco (NASDAQ:COST) operates a warehouse business that requires a paid membership. The company sells bulk quantities of both brand-name and private-label products at reduced prices. It focuses on customers who prefer to save by purchasing more at once.