Why BJ's Wholesale Club Jumped 64% in the First Half of the Year

Jeremy Bowman, The Motley Fool
Why BJ's Wholesale Club Jumped 64% in the First Half of the Year

Shares of BJ's Wholesale Club (NYSE: BJ) were among the big winners during the first half of the year as the warehouse club chain benefited from consumers stocking up on essentials during the coronavirus pandemic. According to data from S&P Global Market Intelligence, the stock gained 64% over the first six months of the year. The first two months of the year were mostly uneventful for BJ's, but the stock started gaining in March as consumers began stocking up on fears about the coronavirus pandemic.

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