Update on TJX

TJX Companies, Inc. (TJX) is an off-price retailer of apparel and home fashions in the U.S. and worldwide. The company operates T.J. Maxx stores, Marshalls stores, and Winners Apparel Ltd. stores, a Canadian off-price family apparel and home fashions chain. It also operates HomeGoods, a U.S. off-price home fashions chains, and T.K. Maxx, an off-price family apparel and home fashions chain in the United Kingdom, the Republic of Ireland and the Netherlands. In addition, it operates A.J. Wright, a new U.S. chain of off-price family apparel and home fashions stores.

Technical Factors:

• 100% Barchart technical buy signal
• Trend Spotter buy signal
• 9 new highs and up 6.66% in the last month
• Relative Strength Index 68.71% and rising
• Trades around 52.58 with a 50 day moving average of 50.11

Fundamental Factors:

• Wall Street analysts released 3 strong buy and 6 hold recommendations
• Sales projected to increase by 9.60% this year and 7.70% next year
• Earnings are projected to increase by 18.00% this year, 18.50% next year and 17.50% annually for the next 5 years

Investor Sentiment:

• 695 investors follow the stock on Motley Fool
• CAPS members vote 459 to 62 that the stock will beat the market
• All Stars agree 159 to 15