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

TheMotleyFool

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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.

As you can see from the chart below, the stock climbed steadily once the pandemic started and surged on its first-quarter earnings results in May.