Jim Cramer Looks Back On Costco’s (COST) Share Price Performance

SelfRugger

2026-02-23 15:43:20

Jim Cramer Looks Back On Costco’s (COST) Share Price Performance

Ramish Cheema

Mon, February 23, 2026 at 2:04 AM GMT+9 2 min read

In this article:

COST

-0.26%

We recently published 10 Stocks On Jim Cramer’s Mind & His Thoughts On Enterprise AI. Costco Wholesale Corporation (NASDAQ:COST) is one of the stocks on Jim Cramer’s mind.

Warehouse club Costco Wholesale Corporation (NASDAQ:COST) is one of Cramer’s favorite stocks. Even though the shares are down by 4% over the past year, the CNBC TV host has remained an ardent believer in the firm. Among the factors that drive his optimism are Costco Wholesale Corporation (NASDAQ:COST)’s ability to keep prices low for consumers and its scale. Earlier this month, the firm reported its sales results for January. During the first 22 weeks of its fiscal year, Costco Wholesale Corporation (NASDAQ:COST) earned $123 billion in sales while its comparable sales grew by 7.1% in January. During the month, the firm’s sales were $21.3 billion. On the 20th, Citi discussed the shares. It raised the share price target to $1,000 from $990 and kept a Neutral rating on the shares. In this appearance, Cramer discussed Costco Wholesale Corporation (NASDAQ:COST)’s historical share price movement and valuation:

Jim Cramer Looks Back On Costco’s (COST) Share Price Performance

“When Costco got to this multiple, it stopped. Now Costco is a fast grower, and they couldn’t, remember at 50 times earnings, it just phchueng, phchueng. . .Costco no that was the beginning of a big decline, and then it’s come back but if you look at the spread, I mean Costco used to be twice the multiple of Walmart.”

While we acknowledge the potential of COST as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock.

**READ NEXT: 30 Stocks That Should Double in 3 Years and **11 Hidden AI Stocks to Buy Right Now.

Disclosure: None. This article is originally published at Insider Monkey****.****

Terms and Privacy Policy

Privacy Dashboard

More Info

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.