TJX Stock Recent News

Some discount retailers are seeing improving traffic and sales this year, as consumers are on the hunt for better value. Not all discount stores are experiencing this, but if this is the beginning of a broader shift in consumer behavior, it could be a great buying opportunity for investors looking for potentially undervalued stocks in the retail sector.

TJX (TJX) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.

In the most recent trading session, TJX (TJX) closed at $124.47, indicating a -1.07% shift from the previous trading day.

The retail apocalypse -- which was caused by expanding e-commerce marketplaces, the decline of malls, and a shrinking middle class -- wiped out many retailers over the past decade. The Great Recession and the COVID-19 pandemic exacerbated that destructive downturn.