Jim Cramer Defended American Superiority and Discussed These 13 Stocks

6. Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Holders: 96

Costco Wholesale Corporation (NASDAQ:COST) was praised by Cramer as a standout in retail, especially when compared to Target. He cited Costco’s strong pricing power, aggressive supplier negotiations, and continued consumer traffic. Here’s what he said about the retailer:

“Look, I happen to like both stores. I toured a nice Target with Brian Cornell a couple months ago, and they’ve got a lot of good products, but the prices are high. They don’t have a lot of products that are priced to, say, 2018, 2019 levels. You go to Costco, and Costco is the great negotiator. They’re in there telling people, listen, if you want to come in and you want to sell, well, I’ll tell you, here’s the price you’re going to sell it at. […] But I was in Costco 2 weeks ago and I was right before a big hoarding day that that Sunday was a big hoarding day Costco Saturday was just very busy day. Holy cow the prices they remind me of like when I was like you know before the younger. Yeah, I mean you go there is like wow wow oh my you know the samples, I mean just outrageous.”