Was Jim Cramer Right About These 13 Stocks?

8. Costco Wholesale Corp. (NASDAQ:COST)

Number of Hedge Fund Holders: 96

Cramer was bullish on Costco Wholesale Corporation (NASDAQ:COST) along with other strong retailers at the time:

“You buy the retailers now when the economy is still strong enough, and the numbers for a Dick’s or a Best Buy or a Costco are strong enough.”

Unlike the rest of the retailers mentioned by Cramer in that episode, Costco Wholesale Corp. (NASDAQ:COST) has been doing exceptionally well, rising by 25.16% since then.

His latest remarks on March 11^th are also reflective of his optimism in Costco Wholesale Corporation (NASDAQ:COST)’s business and shares:

“I would rather be in tech than I would say, you know except for Walmart and Costco, those are the ones that you buy at this moment.”

“Well, you know, by there should be no boycott of Costco because they stuck by DEI. And one of the reasons when I did some work on why they stuck by DEI, they said, we’re the greatest retailer in the world and the most profitable like so why scrap it? Now I mean, yeah, yeah, Millerchip’s the CFO, he’s from Kroger, and he’s not gonna ever top with the elocution and brilliance of Richard Galanti.”

“But this is the age of Walmart and Costco. And there isn’t anything I get at Kohl’s that I can’t get at those two.”