A Winner of the Trump Tariffs? TJX Companies Bets on Affordable Goods and Global Expansion. Citigroup Upgrades with Target of $140.

TJX Companies (TJX) is a retailer that operates worldwide selling discount items from the clothing and household goods industry. The product range consists of a mix of clothing, accessories, gifts, and home goods. Concerns about a U.S. recession triggered by tariffs and a weakening consumer demand could benefit the company, as many people might turn to cheaper goods. Internationally, the company also aims to grab a larger slice of the pie. TJX plans to expand the number of stores worldwide to 7,000, including new locations in Spain by 2026. Investments...