Costco Stocks “in Freefall,” Admits Jim Cramer

We recently published 10 Stocks Jim Cramer Talked About. Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks Jim Cramer discussed.

For Jim Cramer’s morning appearances, where there’s Walmart, there’s also Costco Wholesale Corporation (NASDAQ:COST). He has discussed both firms regularly throughout 2025 and kept an upbeat tone about them. Cramer believes that Costco Wholesale Corporation (NASDAQ:COST) plays an important role in the economy to ensure that Americans can buy affordable groceries. He has praised the firm’s strategy to launch its in-house products of brands that it perceives as being too expensive. However, with Costco Wholesale Corporation (NASDAQ:COST)’s shares down 4.7% over the last month, the CNBC TV host has admitted that the stock has disappointed him. For instance, he commented on November 12th that “Costco’s been a big disappointment for me right here, but I would never sell it.” In this appearance, Cramer briefly remarked on the firm in as he was discussing Walmart:

“Costco stock I know it’s in freefall, oh well I guess go buy some.”

Costco Stocks "in Freefall," Admits Jim Cramer

As for following Jim Cramer’s advice when it comes to buying Costco Wholesale Corporation (NASDAQ:COST)’s shares, here’s what he advised in a Mad Money appearance on September 19th:

“Let’s talk about Thursday evening, though. There we have Costco, and right now, Costco’s stuck in a kind of a purgatory, a very high PE… 53. I find you don’t want to buy Costco until the PE goes below 50. But I own it for the Charitable Trust, and I’m willing to hold it all I want. It’s hard to believe that Costco can vault higher from here, but I think maybe it can.”

While we acknowledge the potential of COST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

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While we acknowledge the risk and potential of COST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than COST and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey.