Barron’s Dan Victor writes in the publication’s Stock Picks column that investors should buy BJ‘s Wholesale (BJ) as its 20-times forward earnings multiple represents a “deep discount” to its big-box competitors Costco (COST) and Walmart (WMT). The company is also in the midst of the most ambitious expansion in its history, accelerating club growth by pushing westward and entering new states, and the recent results show the growth strategy’s success, the report states.
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Read More on BJ:
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