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Jim Cramer on Costco: “Never Ever Cheap, and It Is Always Terrific”
Jim Cramer reiterated his positive view on Costco Wholesale Corporation (NASDAQ: COST), calling it “always terrific” despite its high valuation. He highlighted two main catalysts for the stock: Costco’s cheap gasoline, which drives membership sign-ups, and its role as an “inflation fighter.” Cramer suggested that while the stock is never cheap, dips below $900 presented buying opportunities, implying continued confidence in its performance.