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NYSE:TJX

TJX Companies (TJX)

164.82
+1.01 (0.62%)
as of Jun 18, 2026, 11:28:52 pm Market Open.
55 watching
0
COMMENT

It has a poor online presence and has the wrong inventory. Its footprint isn't designed for social distancing whereas Costco aisles are so wide you can drive car down them. The stock has been bouncing, helped by getting inventory from dying retailers. This will be in great shape once the pandemic is under control and people can safely shop again. Up 2.5% today on hopeful vaccine news. so the market is impatient.

DON'T BUY
TJX-N are stores that were doing amazing business prior to the pandemic. It is hard to imagining how they will come back.
PAST TOP PICK
(A Top Pick Feb 28/19, Up 19%) Relatively defensive retail name. Nimble, agile, able to respond to fashion and the economy. Amazing earnings report yesterday. Earnings above estimates. Hiked dividend. Announced a buyback. Raised guidance.
PAST TOP PICK
(A Top Pick Jan 07/20, Up 4%) It has been on a tear. They get a lot of their product from companies going out of business. This has been a strong seasonal trade over the years.
TOP PICK
Jan. 23 to March 31 is seasonality. People have been down on retail for so long because of the Amazon effect. But TJX sources its merchandise from ailing brick-and-mortar stores to sell at wide margins. TJX has done well. January to March seasonality has been strong in recent years. Chart looks good, so seasonality is likely to repeat. (Analysts’ price target is $65.15)
PAST TOP PICK
(A Top Pick Apr 12/18, Up 34%) Their ability to be very nimble, to change inventory quickly helps the bottom line. In an economy that could slow down, you want to own a company like this. They are expanding internationally also. People like shopping at Winners.
PAST TOP PICK
(A Top Pick Jan 14/19, Up 12%) TJX runs the Winners discount clothing stores--in recessions people shop at downmarket chains like this. Late-January to end-March is their seasonality and it outperformed this year.
BUY
TJX is best in breed and they'll always have an offering that isn't online and is offered in shops. They turn their inventory weekly. There's always a new deal. A great model. Free cash flow is strong and has really competent management. Note that retail tends not to be good late-cycle, but TJX has great numbers. It's hard to not like them, but definitely this is defensive.
TOP PICK
Basically Marshalls, Winners and Home Senses. 4,000 stores. They are very nimble. Traffic is very strong. If the economy goes south they can change what they are doing. They just announced a $1.5 billion share buy back. It continues to rock and roll. Great stock for the defensive growth investor. (Analysts’ price target is $55.72)
BUY
It's had a great rise and a healthy pullback to a level he likes. He'd buy.
TOP PICK
From late Jan unto the end of March the stock does really well. They have a niche in the retail sector. We saw a big correction take place so it has a good opportunity. They outperform the S&P 88% of the time in the seasonal period. It is an off-price apparel company and if we get into tougher times, then consumers will have to move down market. (Analysts’ price target is $53.62)
BUY

Well-run company that generates a lot of free cash flow. As Amazon pressures brick-and-mortar, these stores will have to move their merchandise, which is where TKX comes in, selling their excess merchandise. Also, TJX aggressively buys back stock.

TOP PICK

The umbrella company for names like Marshalls, Winners and Home Sense. Major off-price apparel and fashion retailer in the US and internationally. Strong cash flows. Very adaptable in the way they create inventories. Dividend yield of 1.9%. (Analysts’ price target is $91.70)

COMMENT

An interesting one. In 2008, TJX was stellar, and this stock hung in the best after the crash. Exceptionally well-managed with a great buying team. Problem is, you don't need to own this now. Recent numbers missed. Amazon is a better buy.

PAST TOP PICK

(Top Pick May 18/17, Down 9.30%) Nothing has really changed. It is still a really good company. It has some protection from the Amazon worries because people like to go there and look for the bargain.

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