Jim Cramer Recently Talked About These 12 Companies

2. Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Holders: 96

Highlighting the stock’s decline in the last 30 days after the company’s DEI-related stance, a caller asked about Costco Wholesale Corporation (NASDAQ:COST). Cramer replied:

“Don’t worry about the DEI stuff with Costco. Yeah, don’t worry about it. Here’s what you think about, you think about profitability. I care about profitability, I care about growth. Costco’s got them. Costco is a buy, stock is way too low. I know people are thinking it’s rolling over. I think that’ll prove to be wrong. Buy some here. Buy some next week.”

Costco (NASDAQ:COST) operates on a membership-based warehouse model, offering a variety of branded and private-label products in bulk at lower prices, appealing to customers looking for savings on larger purchases. A few days ago, Cramer commented on the company during a Squawk on the Street episode as he said:

“Costco, someone lowered their price tag. Costco’s the cheapest place on Earth to shop. And they had a good quarter. People just didn’t recognize it.”