Jim Cramer Thinks Costco (COST) Could Have Done Better

Published on June 2, 2026 at 12:21 am by Ramish Cheema in News

We recently published Jim Cramer Warned About Market Manipulation & Discussed These 22 Stocks. Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks discussed by Jim Cramer.

Costco Wholesale Corporation (NASDAQ:COST) is one of Jim Cramer’s favorite stocks. He has revealed on several occasions that it’s one of the oldest stocks in his portfolio. The CNBC TV host has repeatedly praised the firm for its efforts to keep prices low for consumers. Truist discussed Costco Wholesale Corporation (NASDAQ:COST) on May 7th as it reiterated a Hold rating and a $977 share price target on the firm on May 7th. It remarked that the retailer benefited from higher volume due to higher gas prices. Earlier, in April, Bernstein had named the firm as one of its top consumer stocks due to benefits stemming from rising inflation. Cramer discussed Costco Wholesale Corporation (NASDAQ:COST) after the firm’s fiscal third quarter earnings, which saw it discuss higher gas volumes as consumers searched for cheaper alternatives:

“It was not a good all. They didn’t explain the growth well. . .the executive membership was good but it was not a good call. They didn’t mean it to be downbeat but I took it as downbeat. . .the actual sales were good, it’s about, you know what can I saw. . .it was almost like, here, this is what we did. And they really missed the former CFO. . .it was not a good call, and I’m a huge believer and I was disappointed.”