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TJX (TJX) Stock Slides as Market Rises: Facts to Know Before You Trade
ZACKS· 2024-10-04 22:51
TJX (TJX) closed the latest trading day at $114.69, indicating a -0.32% change from the previous session's end. This change lagged the S&P 500's 0.9% gain on the day. At the same time, the Dow added 0.81%, and the tech-heavy Nasdaq gained 1.22%.The parent of T.J. Maxx, Marshalls and other stores's stock has dropped by 2.5% in the past month, falling short of the Retail-Wholesale sector's gain of 5.79% and the S&P 500's gain of 3.15%.The investment community will be closely monitoring the performance of TJX ...
TJX (TJX) Registers a Bigger Fall Than the Market: Important Facts to Note
ZACKS· 2024-10-03 22:56
TJX (TJX) ended the recent trading session at $115.06, demonstrating a -1.19% swing from the preceding day's closing price. This move lagged the S&P 500's daily loss of 0.17%. Elsewhere, the Dow lost 0.44%, while the tech-heavy Nasdaq lost 0.04%. Prior to today's trading, shares of the parent of T.J. Maxx, Marshalls and other stores had lost 0.91% over the past month. This has lagged the Retail-Wholesale sector's gain of 5.43% and the S&P 500's gain of 1.25% in that time. The upcoming earnings release of TJ ...
TJX Stock: A Buying Opportunity Before the Holiday Rush
MarketBeat· 2024-09-30 15:46
The off-price trend has taken the retail wholesale sector by storm in the current economic climate. Consumers are trying to stretch their dollars but don't want to sacrifice quality. This rules out low-quality and low-price outlets like Dollar Tree Inc. NASDAQ: DLTR or even Dollar General Co. NYSE: DG, which sells its items for more than $1,  where you get what you pay for in terms of cost and quality. It’s the perfect storm environment for leading off-brand retailer The TJX Cos. NYSE: TJX, who operates pop ...
TJX (TJX) Suffers a Larger Drop Than the General Market: Key Insights
ZACKS· 2024-09-27 22:51
TJX (TJX) closed the most recent trading day at $117.48, moving -0.51% from the previous trading session. This change lagged the S&P 500's 0.13% loss on the day. Meanwhile, the Dow gained 0.33%, and the Nasdaq, a tech-heavy index, lost 0.39%.Coming into today, shares of the parent of T.J. Maxx, Marshalls and other stores had gained 0.6% in the past month. In that same time, the Retail-Wholesale sector gained 6.55%, while the S&P 500 gained 2.43%.The investment community will be paying close attention to the ...
TJX Stock Trading Above 200 & 50-Day SMA: What Should You Do Next?
ZACKS· 2024-09-27 16:20
The TJX Companies, Inc. (TJX) is experiencing an impressive upward trend, trading above its 200-day and 50-day simple moving averages (SMA). This robust performance highlights its stability and suggests a strong long-term bullish trend, positioning TJX as a key stock to monitor in the retail space. As of Thursday, TJX was trading at $118.08, surpassing its 200-day SMA of $102.66 and 50-day SMA of $114.90, highlighting a continued uptrend.The SMA is an essential tool in technical analysis that helps investor ...
TJX (TJX) Stock Declines While Market Improves: Some Information for Investors
ZACKS· 2024-09-26 22:56
In the latest trading session, TJX (TJX) closed at $118.08, marking a -0.04% move from the previous day. This change lagged the S&P 500's 0.4% gain on the day. At the same time, the Dow added 0.62%, and the tech-heavy Nasdaq gained 0.6%.Prior to today's trading, shares of the parent of T.J. Maxx, Marshalls and other stores had lost 0.96% over the past month. This has lagged the Retail-Wholesale sector's gain of 5.71% and the S&P 500's gain of 1.71% in that time.Investors will be eagerly watching for the per ...
Is TJX (TJX) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-09-24 14:30
When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Let's take a look at what these Wall Street heavyweights have to say about TJX (TJX) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.TJX currently has an average brokerage recommendation (ABR) of 1.24, ...
Marshalls Announces an Accelerator Program to Help Women Put Their Ambitions into Action
Prnewswire· 2024-09-24 14:08
The program builds on the brand's commitment to helping bridge the access gap through its Marshalls Good Stuff Social Club, to next take place in Chicago, featuring Priyanka Chopra JonasFRAMINGHAM, Mass., Sept. 24, 2024 /PRNewswire/ -- Marshalls (NYSE: TJX) today announces The Good Stuff Accelerator Program, a new initiative designed to help give women more of the resources needed to unlock the good stuff in their lives. Recent research commissioned by Marshalls revealed only half of women surveyed are sati ...
Younger Consumers Can Lift These 3 Retail Stocks, Bank of America Says
Investopedia· 2024-09-18 17:36
Key TakeawaysBank of America analysts think value-seeking younger shoppers can support the outlook for off-price apparel retailers. The bank said shares of Burlington Stores, Ross Stores, and TJX have a "long runway."Bank of America said the share of spending by millennials and Gen Zers on value apparel has risen in the past year. Demand from younger shoppers should benefit off-price apparel retailers like Burlington Stores (BURL), Ross Stores (ROST), and TJX (TJX), according to Bank of America analysts. S ...
The TJX Companies, Inc. (TJX) Is a Trending Stock: Facts to Know Before Betting on It
ZACKS· 2024-09-18 14:05
TJX (TJX) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.Over the past month, shares of this parent of T.J. Maxx, Marshalls and other stores have returned +4%, compared to the Zacks S&P 500 composite's +1.6% change. During this period, the Zacks Retail - Discount Stores industry, which TJX falls in, has gained 1.5%. The key question now is: What could be the stock's future dire ...