Monday, November 17, 2008

Forecasts are up for BJ's

Once again, investing websites are predicting sunny skies for BJ's Wholesale Club:

The company’s efforts to improve its merchandise and increase store traffic continue to drive its sales. The difficult macro-economic conditions are also pushing customers into discount stores and wholesale clubs, which offer a better value compared to supermarkets. We maintain our Hold rating, and our target price of $38.

Retailers like BJ's Wholesale Club & Wal-Mart are set to thrive in tough economic times.

Here's another investment blog saying BJ's will benefit in this economy.
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1 comment:

  1. Pretty interesting.

    "Costco Crushes Sam's and BJ's."

    http://www.walletpop.com/article/_a/bbdp/costco-crushes-sams-and-bjs/264150?icid=200100397x1213918281x1200954949

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