TJX - TJX: Expensively Priced But Strong Fundamentals May Keep Uptrend Intact
2024-01-26 14:21:29 ET
Summary
- TJX is a counter-cyclical retail company that has maintained an enduring advance over time.
- TJX serves as an outlet for global brands to sell excess inventory at a discount, making it a treasure-hunt experience for consumers.
- TJX has a strong market position, leading market share, and plans to expand its number of stores, but its stock valuation is high.
Within retail, Investors Position into counter cyclical companies such as TJX
Retail company stocks have been an uneven playing field as certain companies experience cyclical rebounds in the context of a volatile trading range while others have been able to maintain an enduring advance over time. ...
TJX: Expensively Priced But Strong Fundamentals May Keep Uptrend Intact