|Bid||95.79 x 1200|
|Ask||95.80 x 1000|
|Day's Range||95.74 - 96.83|
|52 Week Range||66.44 - 96.83|
|PE Ratio (TTM)||22.11|
|Earnings Date||Aug 21, 2018|
|Forward Dividend & Yield||1.56 (1.63%)|
|1y Target Est||95.91|
Over the last three months, the best mutual funds have continued to focus their investments on retailers like Macy's, Kohl's and TJX, as well as medical stocks like Abiomed, Boston Scientific and UnitedHealth.
Asking the question of job applicants in Massachusetts is now illegal. But some large local companies have extended the ban to their offices in other states and countries.
Good news for CA, Inc. (NASDAQ:CA) shareholders was bad news for Broadcom (NASDAQ:AVGO) owners. The market is ultimately saying Broadcom is overpaying for the headache of integrating the two companies, however, as AVGO shares ended Thursday’s action in the red to the tune of 13.7%. On balance though, Broadcom was the exception to the norm rather than the norm yesterday.
TJX stock is the IBD Stock Of The Day as it trades slightly below a 96.92 entry point, an add-on buy point that follows a more-than-20% climb from its most recent breakout.
Retailers have been strong in 2018, notably off-price Ross Stores, TJX and Burlington Stores. Those three stocks, plus Dollar General, are in or near buy points.
As of July 5, Five Below (FIVE) was trading at a 12-month forward PE multiple of 36.4x. Since its first-quarter results on June 6, Five Below’s valuation multiple has increased ~16%.
Hobby Lobby Stores Inc., Burlington Stores Inc. and TJX Cos. are among the retailers expected to fill the spaces vacated by defunct retailer Toys “R” Us Inc., according to one of the nation’s biggest owners of open-air shopping centers. Many retailers also bid on Toys “R” Us locations in bankruptcy court, including Big Lots Inc., Scandinavian Designs, Ashley Homestores Ltd. and Ollie’s Bargain Outlet Holdings Inc., a filing shows. Many of the larger empty big-box storefronts will be filled by hobby stores soon, said Conor Flynn, chief executive of Kimco Realty Corp.
|Downgrade||Atlantic Equities: Overweight to Neutral||6/26/2018|
|Initiated||Wedbush: to Neutral||6/22/2018|
|Initiated||UBS: to Sell||6/21/2018|
|Initiated||Loop Capital: to Hold||3/9/2018|
|Downgrade||Wells Fargo: Outperform to Market Perform||1/3/2018|
|Initiated||Bernstein: to Outperform||9/12/2017|
Sector: Consumer Cyclical
Industry: Apparel Stores
Full Time Employees: 249,000
The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer. It operates through four segments: Marmaxx, HomeGoods, TJX Canada, and TJX International. The company sells family apparel, including footwear and accessories; home fashions, such as home basics, accent furniture, lamps, rugs, wall décor, decorative accessories, giftware, lighting, soft home, tabletop, and cookware, as well as expanded pet, kids, and gourmet food departments; jewelry; and other merchandise. It operates stores under the T.J. Maxx, Marshalls, HomeGoods, Winners, HomeSense, T.K. Maxx, and Sierra Trading Post names, as well as operates e-commerce sites tjmaxx.com, tkmaxx.com, and sierratradingpost.com. As of February 3, 2018, the company operated a total of 4,070 stores in 9 countries, including the United States, Canada, the United Kingdom, Ireland, Germany, Poland, Austria, the Netherlands, and Australia. The TJX Companies, Inc. was founded in 1956 and is headquartered in Framingham, Massachusetts.