economy
March 4, 2026
The Quietly Winning Stock Jim Cramer Says Is on the Verge of a Big Upward Move
Strong quarterly results from Ross Stores reinforce that off-price retail is on fire.
TL;DR
- TJX stock has shown steady performance, more than doubling over the past three years and outperforming the S&P 500 and retail ETFs.
- Competitor Ross Stores' better-than-expected quarterly results highlight the strong consumer trend towards off-price retail.
- TJX is considered the best operator in the off-price space due to its scale, skilled buyers, and ability to negotiate with vendors.
- The company's stock trades at a premium valuation, but analysts and the author believe its consistency and market leadership justify this.
- CEO Ernie Herrman notes that increased availability of excess inventory suggests a favorable market for TJX's business model.
Continue reading the original article