TJX Companies (TJX): Today's Featured Retail Winner

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

TJX Companies ( TJX) pushed the Retail industry higher today making it today's featured retail winner. The industry as a whole closed the day up 0.2%. By the end of trading, TJX Companies rose $0.56 (1.1%) to $50.61 on average volume. Throughout the day, 5,756,304 shares of TJX Companies exchanged hands as compared to its average daily volume of 3,978,100 shares. The stock ranged in a price between $49.85-$50.74 after having opened the day at $49.89 as compared to the previous trading day's close of $50.05. Other companies within the Retail industry that increased today were: Destination XL Group ( DXLG), up 32.3%, Casual Male Retail Group ( CMRG), up 32.3%, Orchard Supply Hardware ( OSH), up 30.9% and Guess ( GES), up 8.3%.
  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

The TJX Companies, Inc. operates as an off-price apparel and home fashions retailer in the United States and internationally. The company operates in four segments: Marmaxx, HomeGoods, TJX Canada, and TJX Europe. TJX Companies has a market cap of $36.0 billion and is part of the services sector. The company has a P/E ratio of 19.1, above the S&P 500 P/E ratio of 17.7. Shares are up 17.9% year to date as of the close of trading on Thursday. Currently there are 12 analysts that rate TJX Companies a buy, no analysts rate it a sell, and 9 rate it a hold.

TheStreet Ratings rates TJX Companies as a buy. The company's strengths can be seen in multiple areas, such as its increase in stock price during the past year, growth in earnings per share, revenue growth, largely solid financial position with reasonable debt levels by most measures and notable return on equity. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, RadioShack ( RSH), down 5.6%, Ingles Markets ( IMKTA), down 5.5%, Companhia Brasileira De Distribuicao ( CBD), down 4.5% and Michael Kors Holdings ( KORS), down 4.3% , were all laggards within the retail industry with Wal-Mart Stores ( WMT) being today's retail industry laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the retail industry could consider SPDR S&P Retail ETF ( XRT) while those bearish on the retail industry could consider ProShares Ultra Sht Consumer Goods ( SZK).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

null

More from Markets

3 Things to Know About the New Head of Amazon's Joint Stab at U.S. Healthcare

3 Things to Know About the New Head of Amazon's Joint Stab at U.S. Healthcare

Dow Rises as Index Looks to End Losing Streak; GE Slumps

Dow Rises as Index Looks to End Losing Streak; GE Slumps

"Strong Case for More Rate Hikes" Says Fed Chair Jerome Powell

"Strong Case for More Rate Hikes" Says Fed Chair Jerome Powell

Disney Tops Comcast Bid With Improved $71.3 Billion Approach for Fox

Disney Tops Comcast Bid With Improved $71.3 Billion Approach for Fox

5 Stocks That Are Screaming Buys Right Now

5 Stocks That Are Screaming Buys Right Now