Squawk on the Street Cramer's Morning Take: Costco 9/29/25
8 snips
Sep 29, 2025 In this discussion, Costco emerges as a promising stock buy, with Jim Cramer highlighting its attractive valuation. The duo also dives into Nike's inventory challenges and the turnaround strategy under new leadership, suggesting early investments could pay off. Additionally, they review Boeing's improved cash flow prospects following FAA certification easing. The conversation wraps up with insights on Costco's recent quarterly performance, showing solid membership growth and better margins.
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Buy Early Into Turnarounds
- Buy early into turnarounds to capture big multi-year gains rather than timing single quarters.
- Position sizes should be measured; avoid huge bets before proof of a sustained turnaround.
Starting A Nike Position
- Jeff Marks described starting a new portfolio position in Nike last Friday ahead of their report.
- Jim Cramer explained Nike's inventory issue and why CEO Elliott Hill's turnaround merits a longer-term investment.
Certification Unlocks Boeing Cash Flow
- Boeing's value will improve as certification easing lets production and deliveries rise, unlocking cash flow.
- Improved cash flow is the core argument for adding more shares once selling pressure eases.