Related posts
Markets extend advancesYields climb, Wall Street fades, TSX flatRetail weighs on stocks, yield declinesThis summary was created by AI, based on 12 opinions in the last 12 months.
Based on the expert reviews, TJX Companies, TJX-N, is a strong performer in the retail industry, benefiting from the lower-end consumer looking for discount sellers. The company has seen increases in margins, earnings, and dividends, and is poised to do well in both good and bad economic conditions. With a focus on quality inventory and success in brick-and-mortar retail, TJX has reported strong top and bottom line beats and is expected to continue benefiting from the supply of discounted merchandise.
They report next Wednesday, an important day. The street expects comp sales at 2.7%. Q2 saw a lot of gifting events--Mother's and Father's Days. He expects a strong report.
He bought more today as it made a new high today. If the consumer is weakening, TJX will benefit. This stock has seen a holding pattern in terms of margins, post-Covid, but they are no increasing margins, earnings and dividends. They can do well in a good as well as bad economy.
(A Top Pick May 12/23, Up 24%)
Discount clothing business that is performing well. Owns companies like Winners and HomeSense. Higher interest rates pushing consumers to lower priced shopping centers. Has sold shares (believes is fully valued).
He added more. The consumer is trading down (see Kellogg's and Starbucks earnings). There's growth here again, and have been increasing their modest dividend. Boast $4 billion in free cash flow the past year.
They benefit from their core consumers and customers looking for a bargain at a time when consumers are upset in paying more for things. TJX says quality inventory and their results have been good. A brick-and-mortar retail success.
They recently reported top and bottom line beats along with light guidance, the latter of which triggered weakness in shares. Those sellers jumped the gun, though. The CEO notes that the supply of discounted merchandise will continue, and in fact the closure of 150 Macy's stores will be a bonanza for them. TJX will be fine.
It reports Wednesday. Investors typically sell this, even on good results, which creates a buying opportunity.
Not a cheap stock, but are benefitting from excess inventory of recent years. They increased their comp guidance last quarter from 3-4% to 4-5%, unheard of for them. Has owned this forever. They have pricing power. Buy on the day they report earnings, because it always sells on the news.
The question was on his preference between Walmart or TJX. Walmart is at an attractive valuation and TJX has done well. However he prefers 5 Below (FIVE) and would wait for a pullback to buy the stock.
Both. Buy them 50/50. Costco is about their memberships, and TJX is the best off-price retailer around.
They reported last Wednesday despite beating their quarter. But they slightly lowered their earnings forecast, so shares fell. Remains an excellent, conservative company. Weakening consumers will spend more here in the future.
They saw two price target hikes today. TJX does well only when other retailers are struggling (a sign of a weakening economy). Once a consumer gets hooked on TJX, they don't go back.
Made a new high today. Strong earnings and good performance. Happy to own it.
Disconnect between a company and the stock. Trading at high end of multiple range, now at a 35% premium to the market. Price has already baked in investors using it as a place to hide out for an upcoming downturn.
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
In the last year, 11 stock analysts published opinions about TJX-N. 11 analysts recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for TJX Companies.
TJX Companies was recommended as a Top Pick by on . Read the latest stock experts ratings for TJX Companies.
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.
11 stock analysts on Stockchase covered TJX Companies In the last year. It is a trending stock that is worth watching.
On 2024-11-20, TJX Companies (TJX-N) stock closed at a price of $119.74.
The US consumer remains a risk despite Target's strong performance today and their quarter. The lower-end consumer is challenged by inflation and are looking for discount sellers like TJX. Their margin guidance is 31%, which is phenomenal for retail. Target's number is encouraging though. He will look at them. TJX beat earnings and raised guidance.