I'm Jim Kramer, and you're about to hear a sample taken directly from today's CBC Investing Club

Morning meeting.

Another stock that we own that a lot of people that I talk, a lot of club members out here,

that people have just said over and over again, how did you know not to sell it, is Costco.

And I think that Costco is always expensive, sells it

55 times earnings, but it is well run and people want to know, do I get off of Costco? And I have

told people, Jeff, no, I want to be in. Yeah, they report earnings next Thursday after the close.

I mean, look, we already got the special cash

dividend and we got the membership fee increase, right? So maybe in terms of, you know,

outside of earnings catalysts not really there. Also keep in mind, we generally know what the sales

picture looks like. They report on a monthly basis. And the monthly sales have been

absolutely fantastic, not only just in fresh, but also in non-foods as well, which is a good

indicator that they're picking up share versus some others in retail. Stock's been an absolute horse.

But yeah, I mean, you raise a good point. The criticism is the multiple,

but, you know, it's hard to find such quality like that is Costco. You know, the other one that

people obviously want to criticize the mold for is Apple. People feel, well, listen, it's never had

this kind of multiple. In the mid-30s, how can it have it now? And I keep coming back to saying, guys, it, listen, it's never had this kind of multiple. In the mid-30s,

how can it have it now? And I keep coming back to saying, guys, it's a changed Apple. All right,

the more phones they sell, the more phones that are used phones that go to use phones to other people.

It's a force multiplier when you have a new phone because it then starts a lot of people

on a service revenue stream, which keeps getting bigger and bigger and there are no defaults.

You get the note that you paid for it in the middle of the night.

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