Jim Cramer: I Want to Buy Costco Shares on Weakness
Jim Cramer says Costco's upcoming earnings report, due out on Wednesday after the closing bell, will be the company's last bad quarter.
TheStreet's Action Alerts PLUS Portfolio Manager Jim Cramer said Costco's (COST) - Get Report upcoming earnings report, due out on Wednesday after the closing bell, will be the company's last bad quarter. 'They're going to be switching to Visa (V) - Get Report from American Express (AXP) - Get Report ,' Cramer said, referring to the retailer's branded credit cards. He said this is the last quarter of transition for the company and that he wants to buy the stock.
At the time of publication, Jim Cramer's charitable trust Action Alerts PLUS held no positions in stocks mentioned.
