Wholesale retailer Costco has a high-quality problem on its hands, CNBC's Jim Cramer said Friday in response to the "shopping frenzy" at its new China store.
Costco, the membership-only global wholesale retailer who has a majority of stores in the United States, is not done "saturating the world," Jim Cramer said Friday.
"If you have thousands of people for a new store, I think you have room for more Costcos," he added.
Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, has a stake in Costco.
Here's a full list of the stocks in Jim's Charitable Trus t, the portfolio used by the CNBC Investing Club.
Persons:
CNBC's Jim Cramer, Jim Cramer's, Jim Cramer, Costco's
Organizations:
Costco, Bloomberg, Cramer's Charitable Trust, CNBC, Here's
Locations:
China, Costco's, Shenzhen, United States, Cramer's