BJ's Wholesale Club: Taking A Breather, Still A Long-Term Gem
BJBJ’s Wholesale Club (BJ) Seeking Alpha·2024-08-23 01:10
Mina De La O BJ's Wholesale Club Holdings, Inc. (NYSE:BJ) in our view is taking a breather. Some healthy consolidation, really. We think the long-term story remains intact, and future weakness is worth considering. For now, we remain at “hold,” but if the price dips into the $70s, it is worth considering. As a reminder, if you do not have a BJ's club in your area, this is like a warehouse type store chain. The company operates hundreds of membership-only clubs in well over a dozen states. You may be fam ...