Why Warren Buffett Would Love BJ's Wholesale
The investment thesis of BJ's Wholesale (NYSE: BJ) changed significantly after the pandemic. With its suddenly heightened revenue and earnings, it paid down significant debt, freeing capital for activities that could boost its bottom line over time.
Such a retail stock could also attract the attention of Warren Buffett and his team at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B). In fact, history points to Warren Buffett's success in investing in similar companies.
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Source Fool.com
