TJX Companies: The Retail Stock That Actually Benefits From Tariffs and Inflation
TJX delivered another strong quarter, but is the stock a buy at these prices?TJX Companies (TJX 1.90%) reported its third-quarter results in November, demonstrating the effectiveness of its off-price retail model. TJX isn't just benefiting from higher-income customers trading down; both transaction volumes and basket sizes increased. That means more customers bought more expensive items, driving comparable-store sales growth of 5%, crushing analyst estimates of 3.7%.What stands out here is the breadth. Posi ...