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Is TJX Companies Stock a Buy?

TheMotleyFool

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TJX Companies (NYSE: TJX) has had a rough 2020. Stores were open for about two-thirds of the fiscal second quarter, which led to a significant drop in sales. Still, this is the type of environment that could play to its advantage in the long run.

Here are five reasons why the leading off-price retailer is a buy.

TJX has built an enviable position in retail with its treasure-hunt style shopping experience. Last year, TJX generated $41 billion in total sales, for an increase of 7% year over year.

Source Fool.com

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