Jim Cramer Recently Commented On These 12 Stocks

6. Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Holders: 96

A caller asked what Cramer thinks of Costco Wholesale Corporation (NASDAQ:COST) stock, not the company, in the short term. Here’s what Cramer had to say:

“Costco’s fabulous. I mean, I think Costco may be… I saw that Affirm deal, I was surprised. Costco’s so good that the stock went up $18 on Walmart’s problems. Now that is wrong. First, Walmart doesn’t have any problems. But second, Costco has a better business model because they get all their money from the card. But when I saw that, I said, wow, people are finally starting to get, they get why I think Costco’s so fantastic.”

Costco (NASDAQ:COST) runs a membership-based warehouse business. Through it, the company offers a variety of brand-name and private-label items in bulk at lower prices, targeting shoppers who want to save by buying in larger amounts.