Reported about 20 hours ago
Jim Cramer, during an episode of Mad Money, lauded Costco Wholesale Corporation (NASDAQ:COST) as a strong investment, highlighting its unique business model that relies on membership fees rather than direct product sales. He urged investors not to succumb to negativity but to recognize the opportunities that arise even during pessimistic market conditions. Cramer expressed that many stocks, including Costco, which were previously overlooked are now showing significant potential for growth.
Source: YAHOO