Saturday, July 13, 2024

📌 Your End-of-Week Bulletin - July 13, 2024

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Manward Digest
 

Big Box Retail Stocks Are Having a Moment

Alex Moschina

Alex Moschina
Publisher

Big box retailers are having a moment.

Inflation may be cooling, but that doesn't change the fact that consumer prices are still up significantly from where they were a year ago.

[Yours Free! Top FIVE Dividend Stocks Right Now]

Everyday staples like coffee, beef, and eggs (it always comes back to eggs...) are more expensive than they were a year ago.

Consumers have responded not by buying less, but by sniffing out the best deals.

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As a result, bulk stores like BJ's Wholesale Club (BJ), Costco (COST) and Sam's Club - a division of Walmart (WMT) - have been making money hand over fist.

Even the once downtrodden Ollie's Bargain Outlet (OLLI) has been doing gangbusters lately.

Chart - Bulk stores performance
 

So far in 2024, each of these stocks has shot up between 31% and 34%.

Investors have spotted the narrative (it's plain as day).

But what happens in the first half of the year doesn't guarantee success later on. That's why Shah recently dedicated a Buy This, Not That segment to several big box retailers. (You can check that out here.)

It's also why Alpesh took a deep dive into BJ's Wholesale for this week's edition of Dealmaker's Diary.

If you missed it, click here or on the thumbnail below to watch.

Video - Add This Undervalued Retail Pioneer
 

As always, you can keep scrolling for links to everything else we published this week.

Have a great weekend,

Alex

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Alex Moschina

Alex Moschina is the Publisher of Manward Press. A gifted writer, editor and financial researcher, Alex's career in publishing began more than a decade ago when he worked at one of the world's leading providers of academic research and reference materials. Alex first cut his teeth in the realm of investing when he joined the team at White Cap Research in 2010. There he was charged with covering emerging market trends and investment opportunities. A stint as senior managing editor and editorial director at the prestigious Oxford Club followed. A frequent speaker at conferences and events, Alex has led educational workshops across the U.S. and Canada.

 

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