Jim Cramer reaffirms Costco as a great value stock, highlighting its strong comparable sales growth and high membership renewal rates. Despite a high trailing P/E of 49, Costco's consistent revenue and net income growth, along with a unique business model of low prices funded by membership fees, support its premium valuation. Investors should monitor membership growth and warehouse expansion to gauge if the high valuation is justified. The stock trades near its 52-week high after a 15.9% rally in a month.
Jim Cramer's praise for Costco as a strong value stock aligns with its steady performance on Pluang, where it trades at USD 1,062.00 as of Nov 06, 2026 05:22 WIB. The stock is up 1.48% in the last day and remains close to its 52-week high of USD 1.09K. Despite a high market cap of $463.72 billion, investor activity on Pluang shows a dominant 95% sell order ratio, indicating cautious sentiment among retail investors.
Costco reported net sales of $24.5 billion for October 2026, up 12.6% from last year, with strong comparable sales growth in the U.S. (12.6%), Canada (4.9%), and other international markets (9.4%). Digitally-enabled sales also surged over 20%, reflec...
Uber reported Q3 revenue of $14.77 billion, slightly above estimates, driven by strong growth in its freight division. However, earnings per share fell short at 25 cents versus 96 cents expected, and its core mobility and food delivery units missed r...
Costco has outperformed the market recently, driven by its loyal membership base and steady earnings growth, with six consecutive quarters of EPS beats and rising revenue. The company benefits from a high membership renewal rate and plans to expand w...
