Why TJX Is Poised to Outperform
Based on the aggregated intelligence of 180,000-plus investors participating in Motley Fool CAPS, the Fool's free investing community, apparel and home fashions retailer The TJX Companies has earned a respected four-star ranking.
With that in mind, let's take a closer look at TJX, and see what CAPS investors are saying about the stock right now.
Framingham, Mass. (1956)
CEO Carol Meyrowitz (since January 2007)
CFO Scott Goldenberg (since January 2012)
Return on Equity (average, past 3 years)
$1.8 billion / $774.5 million
Sources: S&P Capital IQ and Motley Fool CAPS.
On CAPS, 90% of the 640 members who have rated TJX believe the stock will outperform the S&P 500 going forward.
TJX stock has underperformed the retail sector by 14% so far this year, yet they beat January [comparable store sales] by a full 1% and they raised guidance for the year. Off-Price retail is still king in this economy and I think TJX is ripe at this price. Looking for [$52 per share] out of TJX.
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The article Why TJX Is Poised to Outperform originally appeared on Fool.com.Fool contributor Brian Pacampara has no position in any stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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