Reported 2 days ago
In a recent CNBC appearance, Jim Cramer praised Costco Wholesale Corporation (COST) for its strong pricing power and effective supplier negotiations, labeling it a standout retailer compared to others like Target. He emphasized that a weaker U.S. dollar could benefit American companies, including Costco, despite geopolitical risks, and expressed confidence that the U.S. remains ahead in competition with China. Cramer's endorsement comes as part of a broader discussion on the current stock market landscape.
Source: YAHOO