TJX: Solid Beat And Raise

TJX Companies (NYSE:TJX) is the leading international off-price retailer, with stores in nine countries. The company has an amazing track record for same store sales growth, reminiscent of Starbucks (NYSE:SBUX), and it has hiked the dividend every year for 21 consecutive years. With the company's manageable debt levels, strong cash generation, and shareholder friendly management, I expect TJX to become a member of the Dividend Aristocrats (NYSE:NOBL) in 4 years. The most recent quarter showed continued strength across the company, and the company still has a long runway for growth. With the valuation closest to its long-term average since 2014, I see today as a solid entry point for long-term investors.