TJX Companies' Share Price Is a Little Off

Great companies don't always make great stocks.

That's how I feel about TJX Companies (TJX Quote) at $32.90. TJX, which operates the T.J. Maxx and Marshall's chain of stores plus several others, is by far the leading off-price retailer in the country -- way ahead of competitors like Ross Stores(ROST Quote). It's a hard story to knock because the company seems to do a lot of things right. It has a great management team, headed by CEO Ted English, an impressive 28% compound annual earnings growth rate over the past three years, a solid balance sheet, strong free cash flow and a great image. ...