Did Jim Cramer Hit or Miss On These 13 Stock Predictions?

5. Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Investors: 96

When a caller brought up Costco Wholesale Corporation (NASDAQ:COST), the retail giant was praised for its stability and ‘basing’ pattern despite leadership changes. Here’s what Jim Cramer said at the time:

“I like Costco very much. What’s happened is we got a new CEO, we got a new CFO, and there always going to be people say well, you know what, the stock paid the dividend it’s over. I think this stock is basing. That’s what the stock is doing, it’s basing—and that makes me like it.”

Cramer was rightly bullish on the retailer, and its stock is now up by 38.35% since those comments.

In a recent episode, Cramer also gave his view on how Costco Wholesale Corp (NASDAQ:COST) will benefit from Trump’s tariff regime. Here’s what he said:

“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.”