Jim Cramer’s Game Plan: 15 Stocks to Watch

10. Costco Wholesale Corporation (NASDAQ:COST)

Number of Hedge Fund Holders: 96

Mentioning that Costco Wholesale Corporation’s (NASDAQ:COST) business performed well in March, Cramer stated:

“We’ve also got retail sales. Now, I keep hearing that sales were weak and that this month’s been strong because of demand being pulled through ahead of the tariffs. But I don’t know. I looked at Walmart, Amazon, and Costco, and their businesses were all really strong in the month of March. I bet the retail number is strong too and the long-term interest rates might even go higher than they did this week. This would, I should have pointed out that interest rates went up so much this week that it really disturbed a lot of the trading.”

Costco (NASDAQ:COST) operates through a membership warehouse model. It sells bulk quantities of name-brand and store-brand items at lower prices to shoppers looking for value. It is worth noting that in early April, Cramer said:

“Costco. Huge winner. Why? Because they have a club. The club’s [inaudible] is to pass on anything and it’s still gonna be cheaper. So we cannot lump all these together. We lump them initially. Costco’s gonna be down as much as. Target. But then we have to come back and say maybe Target should stay down but Costco should go up. So there’s like a secondary look at things.”