FX & CFD trading involves significant risk
BJ's Wholesale (BJ 50.21, +0.83) reported yesterday that same-store sales for March increased by more than 5%, which is greater than what had been widely expected. Although it finished off of its session high, the stock was able to put together a solid gain yesterday. Today it has added to that advance with help from an analyst upgrade at Goldman Sachs.
In contrast, Costco (COST 76.92, -0.90) is under considerable pressure after analysts at Goldman Sachs downgraded the stock. Costco actually reported yesterday a stronger-than-expected 13% increase in same-store sales for March. That news helped the stock score a record high in the prior session.
All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.