The TJX Companies, Inc. (TJX): A Bull Case Theory

We came across a bullish thesis on TJX on Crack The Market’s Substack by Ozeco. As of 14ᵗʰ July, TJX’s share was trading at $123.56. TJX’s trailing and forward P/E were 29.07 and 26.86 respectively according to Yahoo Finance.

The TJX Companies, Inc. (TJX) "Had The Best Comps," Says Jim Cramer

A busy retail store floor with customers trying on apparel and browsing the products.

TJX is presented as a world-class and defensive retailer, perfectly positioned to navigate an uncertain economic environment. The company’s off-price retail model is highlighted as particularly flexible and possibly the best in the retail business. TJX’s dominance in the off-price segment, coupled with its strong management team that has decades of experience, sets it apart from competitors. The company’s ability to outperform the retail sector over the years is attributed to its scale and flexible business model.

The off-price model allows TJX to capitalize on a massive Total Addressable Market (TAM) opportunity, and the company is taking advantage of the current tariff chaos to strengthen its position and accelerate market share gains, thereby driving revenue growth. TJX has consistently outperformed the retail sector, and it is expected to continue doing so due to its resilient business model and strong execution. The company’s management team is credited with making TJX one of the very best-run retailers globally.

The investment case for TJX emphasizes its resilience and potential for long-term wealth creation. The company’s performance is particularly noteworthy in the context of economic uncertainty and retail challenges. With its off-price model, dominant market position, and strong management, TJX is well-positioned to navigate through tariff chaos and other challenges, making it an attractive investment opportunity for those looking for defensive and resilient stocks.

Previously, we covered a bullish thesis on Lululemon Athletica Inc. by Charts&Companies in June 2025, which highlighted the company’s strong balance sheet, consistent growth, and undervaluation on PEG and cash flow metrics. The company’s stock price has appreciated by approximately 1.47% since our coverage. Ozeco shares a similar view on TJX but emphasizes its defensive retail model and resilient execution.

TJX is not on our list of the 30 Most Popular Stocks Among Hedge Funds. As per our database, 77 hedge fund portfolios held TJX at the end of first quarter which was 74 in the previous quarter. While we acknowledge the risk and potential of TJX as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than TJX and that has 10,000% upside potential, check out our report about this cheapest AI stock.

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