Is BJ's Wholesale Club Stock a Buy?
BJ's Wholesale Club (NYSE: BJ) does not attract as much attention as larger warehouse clubs such as Costco or Walmart-owned Sam's Club. However, the stock has still managed to surge more than 80% since the beginning of the year, taking it to record highs.
Despite the share price gains, company expansion has only moved westward at a slow pace. Given the growth in store numbers, investors will have to decide whether BJ's has finally become a growth name or if it will likely return to range-bound trading once COVID-19 runs its course.
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Source Fool.com
