3 Reasons to Buy This Blue Chip Retail Stock
Long-term investing can be made much easier by insisting on investing in only companies with proven track records. This investing philosophy helps investors to avoid having to sell subpar holdings at a loss because it helps weed out below-average quality companies.
With a $67 billion market capitalization, TJX Companies (NYSE: TJX) is the largest off-price retailer in the world. And it looks like the stock would make a strong addition to the portfolio of income investors. Here are three reasons why.
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Source Fool.com