While Costco has been a solid long-term performer, Jim Cramer couldn't deny that until recently, 2016 was a terrible year for the stock.
However, since the election the stock has been on fire, rallying nearly $20, and Cramer thinks the rally is just getting started.
"Costco seems poised for a major turnaround in its same-store sales, and when you throw in the potential for higher membership fees and a possible special dividend, this stock gets too attractive to ignore," the "Mad Money" host said.
Costco's stock peaked at $169 in August, but then went into a downward spiral, hitting $142 before the election. Cramer attributed this to the general negative broader retail environment, but some of it was also company specific.
However, if President-elect Donald Trump can pass the tax reform on his agenda, then Cramer thinks Costco's 34 percent tax rate could go a lot lower.