Best Retail Stock to Own in August: TJX Companies
TJX(TJX) Schaeffers Investment Research·2024-08-02 00:26
Retailers are about to take over the earnings confessional, with TJX Companies Inc (NYSE:TJX) slated to report second-quarter results before the open on Monday, Aug. 21. The equity is also one of the best 25 S&P 500 Index (SPX) names to own in August, and is the only retailer thar made the cut, according to our Schaeffer's Senior Quantitative Analyst Rocky White. Digging deeper, TJX finished the month higher in nine of the last 10 years, and averaged a 4.4% gain. The shares sport a more than 31% year-over-y ...