TipRanks’ analyst ranking service highlights Wall Street’s best-performing stocks, including Amazon and BJ’s Wholesale Club.
A hotter-than-expected consumer inflation reading spooked investors last week, but investors may want to adopt a long-term mindset as they seek buying opportunities.
"We see accelerated budget trends as the channel partner that commissioned the survey estimated AWS spending growth of 20% YoY growth, consistent with our forecast, and above consensus at 15%," noted Lee. "GOLF's strong brand equity, driven by its best-in-class and industry-leading product lines, including FootJoy and Titleist, are major assets and the primary drivers of its premium market valuation," said Feinseth.
McShane highlighted that the grocery category accounted for 86% of BJ's merchandise sales in fiscal 2023. She expects better revenue outlook, given the return of volume growth in the grocery business and enhanced customer engagement in the general merchandise category.
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