The TJX Companies: I Am Waiting For TJX To Accelerate Its Growth
TJX(TJX) Seeking Alpha·2024-11-26 20:29
Following my coverage on The TJX Companies (NYSE: TJX ) in Sep'24, in which I recommended a hold rating as the share price has already rallied to a level where I felt the upside wasI take a fundamentals-based approach to value investing.I disagree with the common misconception held by many investors that low multiple stocks must be cheap. I look for companies that offer the best long-term durability at the most affordable prices. Consequently, I have a propensity to be drawn to companies with steady long-te ...