TheStreet’s Jim Cramer is keeping an eye on Costco Wholesale (COST) when it reports earnings Tuesday. The discount warehouse giant is scheduled to release its fiscal 2015 fourth quarter earnings results before the markets open on Tuesday. Cramer says he’s watching Costco because ‘it’s almost all domestic.’ He explains that ‘when they’re almost all domestic, they’re working — whether it be Home Depot, whether it be Lowe’s, whether it be Kroger, whether it be Costco, whether it be J.C. Penney. Here’s a stock that when the futures pull everything down, particularly when it comes out of Europe or China…wherever the real hotspots are, you have to default to these. It very much reminds me of 2000 where you had to get out of the dot coms and you had to get in the S&P, the S&P being uniquely domestic. It doesn’t matter right now but that will matter because everything is being taken down by international concerns.’ Analysts polled by Thomson Reuters are expecting the company to post earnings of $1.66 a share on revenue of $36.33 billion for the quarter.
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