TJX News and Press, TJX Companies Inc. From 07/15/23

2023-07-15 08:19:00 ET Despite the Federal Reserve's aggressive pace of interest rate hikes and the recent collapse of several prominent regional banks, the U.S. economy and job market have remained quite solid. Nevertheless, survey research consistently shows that a majority of Americans t...

2023-07-09 20:32:44 ET Investors have become excited about the stock of TJX Companies (NYSE: TJX) following a string of economic data that bodes well for retailers. The company has been delivering strong earnings results, and investors are getting bullish about its dividend growth p...

2023-07-03 08:05:00 ET Summary Not all REITs are worth buying. Some REITs are overvalued even after the recent crash. We highlight two REITs that we would sell. Today, real estate investment trusts, or REITs, are priced at their lowest valuations in years. Accord...

2023-06-29 02:11:27 ET Summary TJX, an off-price retailer, has seen strong performance in its Marmaxx segment (T.J. Maxx and Marshalls brands). The company has benefited from lower freight costs and a trade-down effect where higher-income consumers switch to off-price retailers du...

2023-06-28 06:49:41 ET With positioning having an increasing influence on stock prices, Citi is adding a new Short Stock Crowding Model to help investors identify opportunities. "Over the past 20 years there has been a change in the characteristics of the ‘marginal investorȁ...

Shares of The TJX Companies, Inc. (NYSE: TJX) traded at a new 52-week high today and are currently trading at $82.53. So far today, approximately 1.52M shares have been exchanged, as compared to an average 30-day volume of 5.23M shares. The TJX Companies, Inc., together with its subsidiaries,...

2023-06-27 06:45:00 ET Summary Amazon and Tesla are the top two holdings of XLY, but they are both heavily invested in technology sector. The consumer discretionary sector outlook is still gloomy as consumers' purchasing power dropped, and their sentiment remained low. Most ho...

2023-06-26 01:29:53 ET Summary TJX remains an attractive candidate in terms of profitability and efficiency, despite the challenging macroeconomic conditions. The firm has managed to reduce inventory levels without significantly impacting the net profit margin and has also hiked i...

2023-06-20 06:24:36 ET Summary The consumer discretionary sector is slightly overvalued relative to 11-year averages. Auto and components are massively overvalued. Other subsectors are close to their historical baseline in value and quality. VCR: an alternative to XLY. ...

2023-06-19 05:10:24 ET Summary Twenty-one retailers, each with over $5 billion in annual revenues, reported earnings in May for the quarter ended April 2023. They beat estimates by a strong 15.4% on average, yet stock analysts immediately dropped current quarter earnings estimates...