Better Buy: TJX Companies vs. Stitch Fix
As the coronavirus pandemic grinds on, the fates of various retailers hang in the balance.
The TJX Companies (NYSE: TJX) and Stitch Fix (NASDAQ: SFIX) both sell clothing, but they occupy different spaces in the retail industry. The COVID-19 health crisis has hit consumer discretionary companies hard, and not all will recover quickly -- or at all. Let's evaluate which of these two stocks is the better buy right now, as we position our portfolios for when the crisis eventually passes.
TJX is an international off-price retailer in clothing and home goods whose chains include T.J. Maxx, Marshalls, and Home Goods. On a recent earnings call, CEO Ernie Herrman characterized its stores as a "treasure hunt shopping experience."
Source Fool.com
