TJX Companies (TJX): Today's Featured Services 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 Services sector higher today making it today's featured services winner. The sector as a whole closed the day up 0.2%. By the end of trading, TJX Companies rose $0.52 (1.1%) to $49.49 on average volume. Throughout the day, 4,460,624 shares of TJX Companies exchanged hands as compared to its average daily volume of 3,780,300 shares. The stock ranged in a price between $48.93-$49.68 after having opened the day at $49.45 as compared to the previous trading day's close of $48.97. Other companies within the Services sector that increased today were: Digital Domain Media Group ( DDMG), up 29.4%, Digital Domain Media Group ( DDMGQ), up 29.4%, ENGlobal Corporation ( ENG), up 17.5% and Fortune Industries ( FFI), up 15.0%.
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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 $35.9 billion and is part of the retail industry. The company has a P/E ratio of 19.0, above the S&P 500 P/E ratio of 17.7. Shares are up 15.4% year to date as of the close of trading on Thursday. Currently there are 14 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, notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company shows weak operating cash flow.

On the negative front, Pharmerica Corporation ( PMC), down 16.7%, Sport Chalet ( SPCHA), down 14.1%, Mandalay Digital Group ( MNDLD), down 13.4% and Mandalay Digital Group ( MNDL), down 13.4% , were all laggards within the services sector with Melco Crown Entertainment ( MPEL) being today's services sector laggard.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the services sector could consider iShares Dow Jones US Cons Services ( IYC) while those bearish on the services sector could consider ProShares Ultra Short Consumer Sers ( SCC).

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