BUY
TJX Companies
They bought a lot of excess inventory this year, and he expects more buying because some retailers won't survive. Because their prices are so low, this will be a winner in 2023 as consumers trade down during the slowdown.
clothing stores
BUY
TJX Companies
TJX and Dollar General are the names you need to look at in retail now, though the market has been anti-retail. PE's may be high, but they benefit from the economic environment.
clothing stores
BUY
TJX Companies
They reported a strong quarter and confident forecast today. They offer hand-me-down merchandise from other retailers. Ideal in inflationary times when consumers are trading down.
clothing stores
TOP PICK
TJX Companies
Believes company will preform well regardless of recession. Middle income customs will shop at discounted retailers. Increase in foot traffic likely during a recession. Lower cost of goods as high end retail sells slow inventory to company.
clothing stores
WAIT
TJX Companies
Well managed. Be careful of timing. Trading at 20x earnings, which is a bit rich for the growth metrics. Are they going to be as popular once we come out of a recession? Consumers will probably gravitate to the higher-end brands.
clothing stores
PARTIAL SELL
TJX Companies
He doesn't own much of this anymore, because their return on assets started to collapse.
clothing stores
BUY
TJX Companies
Consumers are not buying household goods anymore, but experiences. So, there's an excess of inventory. Therefore, the excess retailers are the place to be, including Ollie's Bargain Outlet and TJX. These off-price chains are in a great position to pick up inventory. However, TJX just reported a weak report--disappointing sales, US same-store sales down 5%, dragged down by home goods. However, earnings beat slightly. Then again, they cut their full-year and earnings forecast. He likes TJX a lot, and now it's an opportunity. The conference call was encouraging. Even after this decline, this sells at only 22x earnings. They can add inventory now and make a killing at Christmastime.
clothing stores
BUY
TJX Companies
Wait until they report on Wednesday, then do some buying. They make out like a bandit only when normal retailers need to dump their excess inventory which is happening now.
clothing stores
DON'T BUY
TJX Companies
Likes it, but they have a lot of European exposure, so it's not as trustworthy as it used to be.
clothing stores
BUY
TJX Companies
Ross and TJX benefit from oversupply in retail, and we've seen oversupply in many retail names.
clothing stores
WATCH
TJX Companies
She's surprised that TJX's numbers (and retail) are up. After all, you have to go to their stores to spend; they don't have much e-retailing. She's looking at this as well as luxury clothing retailing. Louis Vuitton is down 25% since the start of February probably because people feel less wealthy than they were. She suspects this feeling extends to the lowest-end customer, too. Retail stocks should be cheap, but those with good balance sheets will be fine.
clothing stores
BUY
TJX Companies
Allan Tong’s Discover Picks Reopening retail stocks have slid lately, so this a buying opportunity. TJX hit $73.78 on May 7 and now trades below $65. One caveat, though, is that TJX’s PE now stands at 52.7x, higher than the sector’s 32.5x. Attribute their PE to high growth expectations, but analysts foresee a forward PE of 22.94x. To be prudent, buy an initial position on a pullback, then see how TJX performs before buying a second tranche. Read 3 Retail Stocks to Buy Now: Ready, Set, Shop for our full analysis.
clothing stores
SELL
TJX Companies
They have done stunningly well over the last 20 years but for a large company it gets increasingly difficult to grow at decent rates, so he is thinking of selling it.
clothing stores
BUY
TJX Companies
They report Wednesday. TJX quietly makes money and this time shouldn't be different.
clothing stores
BUY
TJX Companies
He read an excellent report today on TJX. He recommended selling this way too soon and he's now angry at himself. This will be a monster good stock in the spring reopening.
clothing stores
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TJX Companies(TJX-N) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 6

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 2

Total Signals / Votes : 8

Stockchase rating for TJX Companies is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

TJX Companies(TJX-N) Frequently Asked Questions

What is TJX Companies stock symbol?

TJX Companies is a American stock, trading under the symbol TJX-N on the New York Stock Exchange (TJX). It is usually referred to as NYSE:TJX or TJX-N

Is TJX Companies a buy or a sell?

In the last year, 8 stock analysts published opinions about TJX-N. 6 analysts recommended to BUY the stock. 2 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TJX Companies.

Is TJX Companies a good investment or a top pick?

TJX Companies was recommended as a Top Pick by on . Read the latest stock experts ratings for TJX Companies.

Why is TJX Companies stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is TJX Companies worth watching?

8 stock analysts on Stockchase covered TJX Companies In the last year. It is a trending stock that is worth watching.

What is TJX Companies stock price?

On 2023-02-03, TJX Companies (TJX-N) stock closed at a price of $80.52.