1 Big Thing TJX Bears are Overlooking
Off-price giant TJX (NYSE: TJX) has been one of the biggest retail success stories of the past decade. It has posted steady comparable-store sales growth, even as many of its rivals in the apparel and home furnishings markets have faltered in the face of rising e-commerce competition.
Nevertheless, TJX stock has fallen more than 15% since hitting an all-time high about a year ago. The company's somewhat disappointing first-quarter results led some analysts to conclude that off-price retailers like TJX and Ross Stores (NASDAQ: ROST) are not really "Amazon-proof" businesses.
Source: Fool.com
Ross Stores Inc. Stock
€129.72
-0.030%
The stock is an absolute favorite of our community with 29 Buy predictions and no Sell predictions.
With a target price of 148 € there is a slightly positive potential of 14.09% for Ross Stores Inc. compared to the current price of 129.72 €.
