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Costco Stock Soars 5% on Surprising Sales Surge

1/9/2026

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Story summary
  • Costco stock rose nearly 5% on January 8, 2026, after December sales climbed 6.3% versus 3.5% estimates, signaling a potential turnaround.
  • E-commerce sales increased 18.9% in December.
  • Jim Cramer, CNBC host, said Costco appears undervalued and may be poised for growth, citing market technician Larry Williams.
  • Analysts maintain a $1,050 price target for Costco ahead of upcoming investor updates.