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.

[caption id="attachment_1196409" align="aligncenter" width="768"] A busy retail store floor with customers trying on apparel and browsing the products.[/caption]

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...