Jim Cramer: Costco has room to run despite a rich valuation and shares nearing all-time highs
CNBC’s Jim Cramer likes Costco stock despite its high valuation and suggests it has more room to run. “I feel very comfortable” about Costco, Cramer said Thursday on ” Squawk on the Street ,” after the wholesale retailer reported a solid April sales report. “I know the multiple is very high, but they offer such…