Cramer: eBay's results strengthen the investment case for companies like Costco and Amazon.
On Wednesday, CNBC's Jim Cramer stated that EBAY's business outlook is not promising, which strengthens the investment case for other retailers, including COST.
eBay issued light fourth-quarter guidance after management warned about softening consumer demand in September and October, particularly in Europe, and U.S. shoppers are looking for more value.
Cramer's Charitable Trust, the portfolio used by the CNBC Investing Club, owns shares of Costco and Amazon.
Nearly 6% of eBay's shares dropped in early trading Wednesday, reaching approximately $38.40 each. Year-to-date, the stock has experienced a 7% decline.
Cramer said, "I want you to stick a fork in the eBay file as it's done."
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