Jim Cramer and Costco CEO Jim Sinegal
While Cramer had said on Aug. 25 that he preferred BJ’s Wholesale since then has jumped about 20% compared to BJ’s 12%. And COST is flirting with its 52-week high. This shouldn’t come as too big a surprise, given Costco’s numbers lately. The company posted a better-than-expected quarter in early October and then announced 5% same-store sales growth for the month, a bit more than Wall Street’s expected 4.8%. The overseas business – 153 a total 562 warehouses operate outside the US – played a big part in the