TJX - Better Buy: Target vs. TJX Companies Stock
2023-11-23 07:55:00 ET
Target 's (NYSE: TGT) and TJX Companies ' (NYSE: TJX) stocks have been on different paths in recent years. Investors keeping track will remember that Target shares surged during the early phases of the pandemic but are now trailing the market by a wide margin. TJX Companies, the owner of the TJ Maxx, Marshalls, and HomeGoods brands, underperformed during those high-growth days in 2021 and is now in solidly positive territory for 2023.
Those stock price swings reflect fundamental differences in how the two retailers perform in this volatile economic environment. But they also reflect distinctive expectations on Wall Street for their businesses in the upcoming holiday season and beyond.
With those factors in mind, let's look at which stock looks more attractive as a long-term buy today.
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Better Buy: Target vs. TJX Companies Stock