This ‘Money Saver’ for Grocery and Gas Could Be a Moneymaker for Shrewd Investors

[TradeSmith Daily]( This ‘Money Saver’ for Grocery and Gas Could Be a Moneymaker for Shrewd Investors During a time of sky-high inflation, interest rate hikes, and looming fears of a recession, there’s still one thing you can count on — the resiliency of the American people. They aren’t taking a “wait and see” approach to find out if the Fed can get inflation under control for the simple reason that they can’t afford to wait. In August, grocery prices rose at their fastest pace since 1979, household furnishing prices climbed, and even though we saw slight relief from inflated prices at the pumps, we're still just one hurricane or major issue away from prices skyrocketing back up. Folks are now taking matters into their own hands — turning to membership-only warehouse clubs to make their hard-earned dollars stretch further. A survey by Consumers’ Checkbook previously found that a family spending $150 a week at a conventional supermarket could save up to $2,000 or more a year by shopping at a membership-only warehouse club. These clubs sell home goods, electronics, and much more at steep discounts. Many also offer gas perks. It’s almost a no-brainer to become a member. Today, I’m going to share a company that’s cashing in on the membership-only warehouse club model. Its stock has been in an uptrend since Sept. 19, according to TradeSmith’s Smart Moving Average. And that’s a good sign from our algorithms that the stock price is beginning a sustainable move higher… RECOMMENDED LINK [New “Crash Alert” for the S&P 500]( [Over 65,000 investors around the world recently saw an alert flash across their computer screens](. The last time this happened was in February 2020 – a week before stocks crashed 30% into the fastest bear market in history. And it’s your signal that history may be about to repeat itself... And cause a wave of devastation for some of the world’s most beloved stocks. The financial lives of hundreds of thousands hang in the balance. And the decisions you make in the coming days could determine your wealth for the next decade. [Here’s the #1 step to take with your money to prepare](. [See this dire “crash alert” for the S&P before the next opening bell](. The Industry Thriving in the Face of Economy-Killing Inflation When talking about membership-only warehouse clubs, three brands normally come to mind: - BJ’s Wholesale Club Holdings Inc. (BJ) - Costco Wholesale Corp. (COST) - Sam’s Club (owned by Walmart Inc. (WMT)) But of these “big three” discounters, one has displayed superior stock price performance overall. The chart below reveals how BJ dominated its two chief rivals after all three experienced a pullback through April and May. Google Finance BJ’s operates 230 retail “wholesale clubs” and 160 branded gas stations. In addition to everything you need to make a home-cooked meal, you can also find baby formula, patio furniture, TVs, seasonal decorations, and pretty much anything else you can think of at BJ’s — all within one shopping trip. The company has service departments that include: - BJ’s Tire Center for members-only deals on tires. - BJ’s Optical for eye exams. - BJ’s Travel for members-only discounts on vacation packages, hotels, and rental cars. Club members also benefit from discounted items through several other companies that BJ’s has partnered with. A BOPIS (buy-online-pickup-in-store) option adds even more convenience for its members and helped fuel a 47% year-over-year (YoY) increase in digital sales in the second quarter of the year. BJ’s gas stations are thriving, too, selling 18% more gallons of gas in Q2 than in the previous year. And the company plans to eventually sell gas at 75% of its locations. During a time when people are scrutinizing what memberships they are paying for — like streaming music and video services — it's clear that most consider their BJ’s Wholesale Club memberships too important to cut. RECOMMENDED LINK ['A Gold Storm Is Coming']( Some of the richest men in the world are jumping in right now, because evidence suggests we could be seeing MUCH HIGHER gold prices before the end of this year... and if you're not taking advantage of this little-known way to invest (for less than $10), you're missing out. [Click here for full details]( Take a look at these highlights from the company’s latest earnings report for further proof that business is booming for BJ’s: - Total comparable club sales increased 19.8% YoY. - Free cash flow reached $300.4 million. - Income from membership fees came in at $98.8 million for an 11.3% YoY increase. - And gross profit increased from $763.5 million the previous year to $866 million. To round it all out, our TradeSmith tools confirm the company is firing on all cylinders. BJ is in our Green Zone and the stock has been in an uptrend since Sept. 19, signaling that the price is at the start of a sustainable move higher. Good investing, Mike Burnick Senior Analyst, TradeSmith P.S. The Fed's latest round of interest rate hikes only serves to highlight the dire financial straits we're facing right now. That's why you've got to hear about this rare headline-making “financial event” that could blow up the crypto market by the end of the month. One millionaire crypto expert has made a remarkable discovery over a tiny $2 coin set to totally disrupt a $30 trillion industry. [Click here]( to learn the identity of this coin and see the complete details on how to position yourself for a chance at 1,000%-plus gains in the coming crypto revolution. 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