BJ's Wholesale Club's (BJ) second-quarter results reflect growth in digitally-enabled sales. The metric surges 47% during the quarter.
BJ's Wholesale Club Holdings (NYSE: BJ) investors beat the market this week as the stock gained 10% through Thursday trading compared to a 0.2% drop in the S&P 500, according to S&P Global Market Intelligence. The company also avoided the profit pitfalls that have hurt the likes of Walmart and Target. Instead, BJ's operating profit margin held steady even as Walmart and Target both reported declines.
When a stock breaks out above the 20-day simple moving average, good things could be on the horizon. How should investors react?