This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

3 Stocks Hit 52-Week Highs: TJX, DDS, MHP

NEW YORK ( TheStreet) - These stocks reached 52-week highs on Tuesday: TJX (TJX - Get Report), Dillard's (DDS - Get Report) and McGraw-Hill (MHP).

Each of these stocks received a buy rating from TheStreet Ratings.


Shares of TJX hit a 52-week high Tuesday of $40.80. The stock's 52-week low of $24.60 was set on June 15.

TJX shares currently trade at an estimated price-to-earnings ratio for next year of 15.44X times; the average for apparel retailers is 16.56X. For comparison, Kohl's (KSS) has a lower forward P/E of 9.65X; Ross Stores' (ROST) forward P/E is 15.95X.

Analyst comment:

"TJX reported a March [same-store sales] increase of 10% on top of -1%, versus our and the consensus estimate of a 3% increase and guidance of +1% to +3%," Canaccord analysts wrote in an April 5 report. "MarMaxx also reported 10% SSS growth. The international segments continued to gain momentum, specifically at T.K. Maxx where SSS increased 17% on top of -9%. This is the sixth consecutive month of SSS gains at T.K. Maxx. SSS increased 8% on top of -5% in Canada. HomeGoods SSS were up 6% on top of +7%. Management raised the midpoint of its Q1 EPS guidance by $0.06 to $0.51-$0.52."

Twenty of the 31 analysts who cover TJX rate it at buy; 11 analysts give the stock a hold rating.

TheStreet Ratings gives TJX an A+ grade with a buy rating and $52.19 price target. The stock has risen 26.67% year to date.

Content on this page requires a newer version of Adobe Flash Player.

Get Adobe Flash player
1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
DDS $70.45 0.00%
TJX $75.82 0.00%
AAPL $93.74 0.00%
FB $117.58 0.00%
GOOG $693.01 0.00%


Chart of I:DJI
DOW 17,773.64 -57.12 -0.32%
S&P 500 2,065.30 -10.51 -0.51%
NASDAQ 4,775.3580 -29.9330 -0.62%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs