TJX Companies Flush with Success, but Not Averse to Taking Big Risks
The TJX Companies is one of the most successful off-price retailers in the country. The company has recorded phenomenal net-income growth for a lengthy stretch which goes back about four years, and its stock has hit 52-week highs. Its revenue has also grown by almost 70% in that time span.
Despite TJX's shares trading at near all-time highs, they are still decently priced when compared to those of rivals Target, Costco Wholesale , Ross Stores, and Wal-Mart.