Jim Cramer on Costco: “I Think That You Buy Some Here”

Jim Cramer on Costco: “I Think That You Buy Some Here” Syeda Seirut Javed Wed, June 10, 2026 at 5:39 PM GMT+2 1 min read COST Costco Wholesale Corporation (NASDAQ: COST ) was among the stocks Jim Cramer discussed during Mad Money, as he highlighted a difficult backdrop for stocks . A caller asked what the ideal entry price for the stock would be as a long-term investment, considering current consumer financial challenges. Cramer replied: Okay… I think that you buy some here, it’s at 47 times earnings, and then you hope it goes to 45.

Now, I know people say, what do you mean, buy some and then hope it goes lower, but that’s how I work. I want value just like I want value at a store. And I think if you start Costco and you let it come in a little, well, that’s the way to play it.

The worst that happens is it flies right out, 974 to 1025, and you have to kick it out. Let’s do it that way so that we don’t get caught up at one level because nobody’s that good. omar-abascal-9Um7Huux0as-unsplash Costco Wholesale Corporation (NASDAQ:COST) operates membership warehouses and provides groceries, fresh food, household goods, electronics, and more.

In addition, the company offers various services through pharmacies, gas stations, optical centers, and e-commerce options. While we acknowledge the potential of COST as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock .

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