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

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Jim Cramer remains optimistic about Costco Wholesale Corporation (COST) despite a 4% dip in share price over the past year, citing the company’s ability to maintain low prices and its scale as key strengths. Costco recently reported $123 billion in sales for the first 22 weeks of its fiscal year, with comparable sales growing by 7.1% in January. Citi also raised its price target for COST to $1,000 from $990, maintaining a Neutral rating.

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