Jim Cramer on Costco Sales, Apple Upgrade and Jamie Dimon's Letter

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Jim Cramer on Costco Sales, Apple Upgrade and Jamie Dimon's Letter

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Jim Cramer on Costco Sales, Apple Upgrade and Jamie Dimon's Letter

by TheStreet.com Videos 1:08 mins

Jim Cramer on Costco Sales, Apple Upgrade and Jamie Dimon's Letter

by TheStreet.com Videos 1:08 mins

TheStreet's Jim Cramer says Costco's comparable store sales are the "best in the game" and the stock should be at $116-117. Cramer thinks Deutsche Bank's "buy" rating for Apple is well-reasoned and is based off of reports of a bigger screen on the iPhone 6, but Cramer doesn't understand why traders are yawning at this news. Finally, Cramer urges investors to read JPMorgan CEO Jamie Dimon's letter to shareholders in which Dimon gives a pessimistic view of the markets - which Cramer agrees with.

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