U.S. Markets close in 5 hrs 52 mins

TJX Could Grind Higher, but Don't Trust the Gains

Bruce Kamich

There are many retailers having success with bricks-and-mortar stores, Cramer told viewers during Wednesday's Mad Money program on CNBC, and TJX Cos., Inc. , parent of TJ Maxx, Marshall's and HomeGoods, is certainly one of them. Cramer explained that TJX is a discounter, which means the company buys up excess inventory from department stores, then sells it on the cheap to customers.