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

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

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 0.1%. By the end of trading, TJX Companies rose $0.65 (1.2%) to $54.57 on average volume. Throughout the day, 3,014,407 shares of TJX Companies exchanged hands as compared to its average daily volume of 3,062,700 shares. The stock ranged in a price between $53.95-$54.84 after having opened the day at $53.99 as compared to the previous trading day's close of $53.92. Other companies within the Services sector that increased today were: FreeSeas ( FREE), up 38.3%, Synnex Corporation ( SNX), up 20.1%, Christopher & Banks Corporation ( CBK), up 10.9% and SED International Holdings ( SED), up 10.5%.

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 $38.6 billion and is part of the retail industry. Shares are up 27.0% year to date as of the close of trading on Tuesday. Currently there are 14 analysts that rate TJX Companies a buy, no analysts rate it a sell, and 10 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 solid stock price performance, impressive record of earnings per share growth, 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, Point.360 ( PTSX), down 14.5%, Restoration Hardware Holdings ( RH), down 11.9%, Sport Chalet ( SPCHB), down 9.9% and Coast Distribution System ( CRV), down 9.8% , were all laggards within the services sector with Jacobs Engineering Group ( JEC) 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).

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