Why BJ's Wholesale Club Still Looks Like a Buy
Like many discount retailers such as Costco and Big Lots, BJ's Wholesale Club (NYSE: BJ) has enjoyed a strong sales and earnings boost from the coronavirus pandemic. With consumer budgets tightened and non-essential competitors forced to close their doors, BJ's saw its second-quarter results handily beat previous records.
For investors wondering if its good fortune will last long term or fade along with the coronavirus, there are some positive signs and also a few cautionary notes.
Image source; BJ'S Wholesale Club Holdings.
Source Fool.com
