Reported 23 days ago
Jim Cramer has expressed a positive outlook on Costco Wholesale Corporation (NASDAQ:COST), attributing its resilience to its subscription model and scale, which may help it weather the impacts of tariffs. Amidst a volatile stock market and investor concerns regarding a recession, Costco's shares have seen a slight increase this year. Cramer believes that Trump's tariffs are pushing foreign companies to invest in the U.S., indicating a strong strategy, while also acknowledging a lack of trust in China’s intentions.
Source: YAHOO