The TJX Companies: Growth Story Remains Intact

Cindy OrdBack in March, I placed a “Buy” rating on The TJX Companies (NYSE:TJX) saying that while it was not cheap, the company was in an ideal environment and that it should be a nice beneficiary of industry de-stocking issues. In September, meanwhile, I raised my price target from $100 to $120, noting the company was firing on all cylinders. The stock is up about 25% since my initial write-up. Let’s catch up on the name. Company Profile As a refresher, TJX is an off-price retailer in both the apparel  ...