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