The Panic-Proof Portfolio (Stockchase Research)
BJ's Wholesale Club
BJ-N
PAST TOP PICK
Jan 18, 2022
(A Top Pick Dec 31/20, Up 60.8%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BJ has triggered its stop at $60. To remain disciplined, we recommend covering the position at this time. This results in a net investment return of 48%, when combined with our previous recommendation to cover half the position.
Stockchase Research Editor: Michael O'Reilly BJ is a wholesale membership club that trades at about half the PE of WMT, at only 14x earnings. We think this space still has legs as we head into the new year. EPS grew by 31% this year, providing a PEG ratio of only 0.66 -- excellent value. We would buy this with a stop-loss of $24, looking to achieve over $51 -- over 33% upside potential. Yield 0% (Analysts’ price target is $51.37)
(A Top Pick Dec 31/20, Up 36.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BJ has achieved its target of $51. To remain disciplined, we recommend covering 50% of the position and trailing up the stop (from $24) to $43.
(A Top Pick Dec 31/20, Up 36.7%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BJ is progressing well. We recommend trailing up the stop (from $43) to $50. If triggered, this would all but guarantee a minimum investment return over 35%.
(A Top Pick Dec 31/20, Up 74%)Stockchase Research Editor: Michael O'Reilly Our PAST TOP PICK with BJ is progressing well. We now recommend trailing up the stop (from $50) to $60. If triggered, this would all but guarantee a net investment gain of 48%, when combined with our previous recommendation to cover half.