Summary
- TJX continues to provide value to its customers, which has translated into long-term consistent earnings growth.
- Negative forces are affecting TJX, like competition from Ross Stores, higher wages, and an unfavorable foreign currency impact.
- Is this stock still worth the price of around 21 times earnings?
- Should long-term dividend investors consider TJX for their portfolio?
- Factual evidence tells about the real value vs. stock price.
- This idea was discussed in more depth with members of my private investing community, Good Stocks@Bargain Prices. Start your free trial today »
TJX Companies (TJX) is the largest off-price retailer of brand-name and designer apparel and home fashions in the U.S. Its items typically sell for 20%-60% less than regular marked prices. Its store brands are: T.J. Maxx, Marshalls, HomeGoods, HomeSense, and Sierra Trading Post.
The company not only offers diversity in its store brands, but also in its number of stores and global locations. There are about 3,000 stores in the U.S., and over 1,000 stores in Australia, Canada, and Europe.
The info contained in this article will speak for itself about how well-run this company is, and has been for the past 5 and 10 years. Additionally, the store offers great value to its customers, which continued to contribute to the company’s steady earnings growth.
