In the case of BJ’s Wholesale Club, you had better think twice about buying. The company was taken private by CVC Capital Partners and Leonard Green & Partners in 2011, and its owners’ attempt to cash in is not backed up by rapid sales growth or strong financial performance. BJ’s (IPO:BJ) is a relatively small competitor when compared with Costco Wholesale Corp.
(COST) and Walmart Inc. (WMT) unit Sam’s Club.Want to get in on BJ’s IPO? Buy Costco’s stock instead
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