STOCK PICKS: Top 5 Large-Cap Stocks, Sept. 10

Each business day, TheStreet.com Ratings compiles a list of the top five stocks in five categories -- fast-growth, all-around value, large-cap, mid-cap and small-cap -- and publishes these lists in the Ratings section of our Web site.

This list is based on data from the close of the previous trading session. Today, large-cap stocks are in the spotlight. These are stocks of companies with market capitalizations of over $10 billion that rank near the top of all stocks rated by our proprietary quantitative model, which looks at more than 62 factors. In addition, the stocks must be followed by at least one financial analyst who posts estimates on the Institutional Brokers' Estimate System. The stocks are ordered by their potential to appreciate.

Note that no provision is made for off-balance-sheet assets such as unrealized appreciation/depreciation of investments, market value of real estate or contingent liabilities that might affect book value. This could be material for some companies with large underfunded pension plans.

The TJX Companies(TJX Quote) is an off-price retailer of apparel and home fashions in the U.S. and worldwide. The company operates through its T.J. Maxx, Marshalls, and A.J. Wright chains in the U.S., its Winners chain in Canada, and its T.K. Maxx chain in the United Kingdom and Ireland.

TJX has been rated a buy since November 2001. On August 12, the company reported that its earnings tripled in the second quarter of fiscal 2009 (ended July 26), supported by sales growth. Net income rose to $200.22 million from $59.03 million in the second quarter of fiscal 2008. Excluding one-time items, the company earned 47 cents per share. During the second quarter, revenue grew 7.1% year over year to $4.31 billion, attributable to 4.0% growth in comparable store sales and a 0.5% contribution from foreign currency translations. Double-digit growth from the Winners, HomeSense, and T.K. Maxx segments also contributed to sales growth. The company added 19 stores during the quarter, and repurchased 7.00 million shares of its common stock for $225.00 million.