Reported 28 days ago
Jim Cramer expressed strong confidence in Costco Wholesale Corporation, arguing that despite concerns over its stock price, the company is performing well. He believes the current price, at 51 times earnings, is not too expensive and encourages investors to buy during this 'languish period' when the stock price is stabilizing. Cramer insists that Costco is among the top companies and continues to represent a solid investment opportunity.
Source: YAHOO