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Actionable news in COST: Costco Wholesale Corporation,

Jim Cramer — I'm Not Buying Tiffany or Williams-Sonoma

TheStreet's Jim Cramer, co-manager of the Action Alerts PLUS portfolio has little optimism for most retail stocks nowadays. Even AAP holding Costco (COST) is low on his radar ahead of earnings Wednesday, although he predicts this will be the "last bad quarter" before the company starts to see better results.