8 Stocks on Jim Cramer’s Radar

6. Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Holders: 96

Cramer commented on Costco Wholesale Corporation (NASDAQ:COST) during the episode and said:

“They destroyed our industry, foreign companies did that ages ago and if you want to sell… to Walmart or Costco, maybe you have to pay the piper too and if he’s lucky, Trump will get China to build here in return for well nothing because they know that he has a vicious temper if you don’t play ball and it isn’t worth fight the guy.”

Costco (NASDAQ:COST) operates a membership-driven warehouse model, offering a variety of branded and private-label products in bulk at reduced prices, targeting customers looking for savings on larger purchases.

Aoris Investment Management stated the following regarding Costco Wholesale Corporation (NASDAQ:COST) in its Q4 2024 investor letter:

“Firstly, I think we exercised good valuation discipline in our sales of Costco Wholesale Corporation (NASDAQ:COST) and Cintas. The share prices of these two companies had increased by more than 60% and 40% respectively in the year prior to our sale. It can be difficult as investors to remain objective and not ‘fall in love’ with an investment when it is performing well. A higher share price doesn’t make a business more valuable!

We sold both Costco and Cintas simply for reasons of valuation. These are exceptional businesses that we’d love to own again if valuation permits. Their sales allowed us to recycle portfolio capital into more attractively valued businesses.”