In a welcome move, BJ's Wholesale Club stock saw its Relative Strength Rating improve from 67 to 71 on Friday.
This proprietary rating identifies market leadership by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
History shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves. See if BJ's Wholesale Club stock can continue to show renewed price strength and clear that threshold.
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Is BJ's Wholesale Club Stock A Buy?
BJ's Wholesale Club stock is working on a cup with handle with an 88.79 entry. See if the retail stock can break out in volume at least 40% above average.
The wholesale retailer saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 0% to 10%. Revenue rose from 4% to 5%. The company is expected to report its latest performance numbers on or around Nov. 21.
BJ's Wholesale Club stock earns the No. 2 rank among its peers in the Retail-Discount & Variety industry group. MINISO Group Holding ADR is the top-ranked stock within the group.
