It's difficult to dispute Costco's leadership as a preferred retailer among consumers. But one metric has been a torn in investors' side.
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Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of…
The quarter looked pretty down the fairway, with beats across key line items — the membership renewal rate.
"We own it, we've owned it forever, we're going to continue to own it," Cramer said.
Costco's quarterly results Thursday checked only some of the most important boxes.
"I'm a short-term sufferer, long-term lover of Costco," Cramer said.
Some on Wall Street expect to hear good news early next year.
