BJ's Wholesale Club stock saw a positive improvement to its Relative Strength (RS) Rating on Friday, with an increase from 66 to 78.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily identifies price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they launch their biggest price moves. See if BJ's Wholesale Club stock can continue to show renewed price strength and hit that benchmark.
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Is BJ's Wholesale Club Stock A Buy?
BJ's Wholesale Club stock is working on a cup without handle with an 80.51 entry. See if the stock can clear the breakout price in volume at least 40% above average. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The wholesale retailer posted 9% earnings growth in its most recent report. Sales increased 12%. The next quarterly results are expected on or around Mar. 9.
BJ's Wholesale Club stock earns the No. 2 rank among its peers in the Retail-Discount & Variety industry group. BJ's Wholesale Club and Five Below are also among the group's highest-rated stocks.
