The Retailer Could Be an Interesting Hedge in the Trade War!
TJX plans an expansion of over 1,300 stores and positions itself as a leading off-price retailer thanks to top-notch management and consistent free cash flow.
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TJX Companies (NYSE: TJX) features a unique business model: the company purchases high-quality overstock and discontinued items, then offers these branded products at a 50% discount from the retail price. This allows TJX to undercut major retailers like Walmart and Target on price, and in many cases, it is even cheaper than online shops like Amazon. The prospect of higher prices in other countries is likely to continue attracting consumers to discounted goods. Business is going very well, and a clear indicator of this is the consistent growth of...
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