Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

NEW YORK (

TheStreet

) --

TJX Companies

(NYSE:

TJX

) hit a new 52-week high Wednesday as it is currently trading at $46.21, above its previous 52-week high of $46.17 with 629,227 shares traded as of 10:05 a.m. ET. Average volume has been five million shares over the past 30 days.

TJX Companies has a market cap of $33.63 billion and is part of the

services

sector and

retail

industry. Shares are up 41.9% year to date as of the close of trading on Tuesday.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. The company has a P/E ratio of 20.3, equal to the average retail industry P/E ratio and above the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates TJX Companies as a

buy

. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, compelling growth in net income, revenue growth and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows low profit margins. You can view the full

TJX Companies Ratings Report

.

See all

52-week high stocks

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