Off-price retailer TJX (NYSE:TJX) buys merchandise opportunistically and then sells it to consumers at a substantial discount from list price. A market leader with solid operational execution and a track record of market share gains, the company, we believe, is well-positioned over the near to intermediate term based on its merchandise category mix, comparatively higher-end customer demographic, and ability to navigate the COVID-19 environment (through sound management and scale).
I am the editorial director at GuruFocus. I have a BA in journalism and a MA in mass communications from Texas Tech University. I have lived in Texas most of my life, but also have roots in New Mexico and Colorado. Follow me on Twitter! @gurusydneerg